Rushil Decor Limited — Important, 12-08-2025: Updates

Rushil Decor reported a significant decline in its financial results for the recent quarter. Revenue from operations dropped to 179.16 Cr from 225.09 Cr year-on-year, resulting in a net loss of 14.07 Cr compared to a 12.40 Cr profit last year. This downturn was largely due to a fire at its MDF plant in April, which disrupted operations until May, and a 5.71 Cr foreign exchange loss. The company received 14.70 Cr from warrant conversions this quarter, allotting 6.6 million new shares, while 10 million warrants remain under 'status quo' due to a court order.