Rithwik Facility Management Services Ltd — Board Meeting, 22-05-2025: Board Meeting

Rithwik Facility Management Services Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a revenue from operations of ₹42.47 Cr (up from ₹36.39 Cr), with profit before tax at ₹4.76 Cr versus ₹3.62 Cr in the previous year. Net profit stood at ₹3.50 Cr against ₹2.64 Cr earlier, translating to a basic EPS of ₹11.48. Debt levels remain manageable with a debt-to-equity ratio of 0.03. The company’s internal financial controls and audit processes are effective with no fraud or material irregularities noted. Rithwik has also completed acquisition of 100% equity in Rithwik Indus Power Pvt Ltd, making it a wholly owned subsidiary, which expands its footprint in the power segment.