RIR Power Electronics Ltd — Important, 18-11-2025: Company Update

RIR Power Electronics reported strong Q2 FY26 financial results with revenue growing 36% year-on-year to 25.64 crore and a 77% increase in EBITDA to 4.36 crore, achieving 17.01% margins. Profit after tax more than doubled to 3.15 crore, reflecting improved operational controls. The company is progressing on its 618 crore Silicon Carbide Ecosystem facility in Bhubaneswar, having received 32.56 crore in fiscal support from the Odisha government, with 26 crore recently deposited. RIR also delivered 10,000 silicon carbide devices for the Indian Navy. The NSE listing process is underway, expected by fiscal year-end, aiming to broaden investor participation and visibility.