Latest news with #RishabhInstruments
Business Standard
a day ago
- Business
- Business Standard
Rishabh Instruments consolidated net profit rises 441.21% in the June 2025 quarter
Sales rise 12.39% to Rs 190.33 croreNet profit of Rishabh Instruments rose 441.21% to Rs 19.70 crore in the quarter ended June 2025 as against Rs 3.64 crore during the previous quarter ended June 2024. Sales rose 12.39% to Rs 190.33 crore in the quarter ended June 2025 as against Rs 169.35 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 12 OPM %14.924.46 -PBDT31.4710.65 195 PBT23.964.62 419 NP19.703.64 441 Powered by Capital Market - Live News
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Business Standard
a day ago
- Business
- Business Standard
Rishabh Instruments share zooms 20% in weak broader market post Q1 results
Rishabh Instruments share price today: Rishabh Instruments shares were locked in 20 per cent upper circuit at ₹357.70 on the BSE in Thursday's intra-day trade amid heavy volumes in otherwise a weak broader market. The average trading volumes on the smallcap stock counter jumped multiple fold. Till 1:22 PM, a combined 2.96 million shares changed hands on the NSE and BSE. There were pending buy orders for a combined 500,000 shares, the exchange data showed. The stock had hit a 52-week high of ₹399.95 on October 1, 2024. In comparison, the BSE Smallcap index was down 0.52 per cent at 51,826. Rishabh Instruments Q1 results In the April to June 2025 quarter (Q1FY26), Rishab Instruments reported a six-fold jump in consolidated profit after tax at ₹19.62 crore, compared to ₹3.21 crore in Q1FY25. Revenue from operations remained flat at ₹190.32 crore, against ₹169.35 crore in a year ago quarter. Rishabh Instruments outlook Looking ahead, Rishabh Instruments said the company is focused on scaling core businesses through sharper commercial execution, product differentiation, and operational agility. The company's target is to generate 10-12 per cent incremental revenue from new products over the next two years. Instrumentation, EMS and automation will continue to receive strategic capital, while the solar inverter vertical is expected to scale materially after certification. In die casting, the company aims to achieve Ebitda positivity by 2025-26. Accordingly the management said the company is shifting the portfolio from automotive to industrial customers, where lead times, margins, and product control are structurally more attractive. Rishabh's core offerings, electrical automation solutions, portable instruments, and metering and control devices, continued to witness healthy demand across both domestic and international markets. The Company experienced strong momentum from industrial automation projects, energy efficiency initiatives, and the growing demand for clean energy solutions. Additionally, domestic operations in India remained strong, supported by steady demand from OEMs and project orders. About Rishabh Instruments Rishabh Instruments operates through five vertically integrated manufacturing units across India, Poland, and China, along with two modification centres in the US and the UK. In 2024-25, the Company further expanded its global presence with the acquisition of MICROSYS, a Czech Republic based Company specialising in SCADA software for industrial process automation. Its offerings span solutions across key verticals like electrical automation, metering, control and protection devices, portable test and measuring instruments, aluminium HPDC, and solar inverters. The company leads globally in analogue panel meters and low voltage current transformers. In India, it dominates the split-core current transformer segment. Its subsidiary, Lumel, ranks among the top brands for metres and controllers in Poland and operates under two distinct business divisions: die-casting solutions for automotive and non-automotive industries, and electrical and electronic products.
Business Standard
11-06-2025
- Business
- Business Standard
Rishabh Instruments jumps after arm inks pact with Germany-based energy firm
Rishabh Instruments rallied 5.15% to Rs 316.45 after the company's wholly owned subsidiary, Lumel SA signed a contract worth Euro 5 million (Rs 50 crore) with leading Germany based energy sector company to supply electronics devices. The company has signed a contract with leading Germany based company operating in the energy sector to supply the advanced electronics devices that will play a critical role in supporting industrial automation initiatives within the energy industry. This strategic partnership stems from several months of collaborative development and engineering efforts between the teams at Lumel SA and the German company. The resulting products are tailored solutions, engineered to address the specific technical and operational requirements of the energy sector. This agreement is valid through the end of 2026, with strong potential for extension based on performance and evolving project needs. Dineshkumar Musalekar, whole-time director of Rishabh Instruments, said, This Euro 5 million contract marks a pivotal milestone in our European expansion strategy, affirming us as a trusted technology partner in the global energy sector. Our collaboration with the leading Germany based energy sector company, a respected leader across Europe and international energy markets, underscores our capability to deliver sophisticated, customized solutions for critical industrial applications. The success of our recent facility modernization has strategically positioned us to meet the growing demand for advanced energy automation solutions. Germanys leadership in the energy transition makes this partnership very crucial for us. As we continue to expand our product portfolio, this collaboration establishes a robust foundation for sustained growth in Europes most dynamic energy markets. Rishabh Instruments is engaged in the business of manufacturing, design and development of global energy efficiency solutions. It focuses on electrical automation, metering and measurement, precision engineered products. It is the global leader in manufacturing and supply of analog panel meters, and among the leading global companies for manufacturing and supply of low voltage current transformers. The companys consolidated net profit jumped 43% to Rs 116.20 crore on 54.5% increase in net sales to Rs 984.48 crore in Q4 FY25 over Q4 FY24.
Business Standard
11-06-2025
- Business
- Business Standard
Lumel SA inks 5 million contract with Germany-based energy company
To supply advanced electronic devices Rishabh Instruments announced that its wholly owned subsidiary, Lumel SA, has signed a significant contract with a leading Germany based company operating in the energy sector. The contract, valued at 5 million (~ Rs 50 crore), covers the supply of advanced electronic devices that will play a critical role in supporting industrial automation initiatives within the energy industry. This agreement is valid through the end of 2026, with strong potential for extension based on performance and evolving project needs. This strategic partnership stems from several months of collaborative development and engineering efforts between the teams at Lumel SA and the German company. The resulting products are tailored solutions, engineered to address the specific technical and operational requirements of the energy sector. This agreement marks a significant milestone in Lumel SA's international expansion strategy, highlighting our continued commitment to innovation and delivering high-performance solutions that drive efficiency and reliability across global energy systems. As the partnership deepens, discussions are underway to incorporate Lumel SA's proprietary products which will further solidify our position as a comprehensive solutions provider in European energy sector. In May 2025, Lumel SA successfully completed a pivotal phase of its modernization program by commissioning one of Europe's most advanced electronics assembly lines. This strategic investment has substantially increased both production capacity and operational flexibility.
Business Standard
28-05-2025
- Business
- Business Standard
Rishabh Instruments consolidated net profit rises 166.67% in the March 2025 quarter
Sales rise 5.36% to Rs 187.45 crore Net profit of Rishabh Instruments rose 166.67% to Rs 6.40 crore in the quarter ended March 2025 as against Rs 2.40 crore during the previous quarter ended March 2024. Sales rose 5.36% to Rs 187.45 crore in the quarter ended March 2025 as against Rs 177.91 crore during the previous quarter ended March 2024. For the full year,net profit declined 42.91% to Rs 22.64 crore in the year ended March 2025 as against Rs 39.66 crore during the previous year ended March 2024. Sales rose 4.43% to Rs 720.34 crore in the year ended March 2025 as against Rs 689.75 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 187.45177.91 5 720.34689.75 4 OPM % 8.6310.13 - 6.7210.31 - PBDT 17.1020.01 -15 57.4578.65 -27 PBT 9.1111.21 -19 30.1451.05 -41 NP 6.402.40 167 22.6439.66 -43
