Responsive Industries Releases Quarterly Results and Establishes Committee for Proposed Buyback

Responsive Industries Releases Quarterly Results and Establishes Committee for Proposed Buyback

Responsive Industries Releases Quarterly Results and Establishes Committee for Proposed Buyback​

Responsive Industries Limited announced the Unaudited Financial Results for the quarter ended June 30, 2026, alongside key decisions made during its Board of Directors meeting held on August 14, 2026. The company released standalone and consolidated financial performance data for the quarter.

The Board reviewed various aspects related to a proposed Buyback initiative. In light of these discussions, the Board constituted a dedicated Buy-Back Committee. This committee is mandated to consider, assess, review, and transact all necessary matters concerning the proposed Buy-Back. The company plans to evaluate the proposal in detail and may take a final decision at a subsequent Board meeting.

In addition to the operational strategy, the company provided updated information regarding trading restrictions. The designated persons and their immediate relatives must keep the trading window for the securities closed until 48 hours following the Board Meeting that will approve the proposed Buy-Back.

Financial Performance Snapshot (Quarter Ended June 30, 2026)​

The financial results detail performance across various metrics compared to prior quarters and the full financial year ended March 31, 2026. The Unaudited Standalone Financial Results for the quarter are summarized below:

ParticularsQuarter ended 30.06.2026 (Unaudited)Quarter ended 31.03.2026Quarter ended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)
Revenue from Operations14,827.8912,853.2714,911.7854,115.12
Other Income103.39173.58119.95619.78
Total Income (a to b)14,931.2913,026.8615,031.7354,734.91
Cost of Materials consumed9,014.9610,354.007,535.8933,341.19
Change in Inventories537.05(3,410.96)1,204.39(2,498.67)
Employee benefits expenses729.10664.91638.192,652.30
Finance costs394.80760.56526.252,550.20
Depreciation & amortizations expenses1,268.021,265.421,321.955,226.05
Other Expenses2,643.813,100.623,061.4211,407.97
Total Expenses14,587.7512,734.5414,288.0952,679.03
Profit Before Tax343.54292.32743.642,05~.88
Total Exceptional Items---54.13
Profit Before Tax343.54292.32743.642,001.74
Total Tax Expenses89.87101.08176.16594.08
Net Profit after tax253.67191.23567.481,407.66
Total Comprehensive Income for the Period253.67290.03567.481,506.45

Consolidated Financial Highlights (Quarter Ended June 30, 2026)​

The consolidated results, which include entities such as Responsive Industries Limited (Hong Kong), Responsive Industries LLC (USA), and Axiom Cordages Limited (Hong Kong), showed the following performance for the quarter:

ParticularsQuarter ended 30.06.2026 (Unaudited)Quarter ended 31.03.2026Quarter ended 30.06.2025 (Unaudited)Year ended 31.03.2026 (Audited)
Revenue from Operations19,287.1643,033.9933,870.861,39,411 .82
Other Income203.70277.17214.611,007.52
Total Income (a to b)19,490.8643,311.1634,085.471,40,419.34
Total Expenses19,127.0440,927.8028,922.821,24,928.43
Profit Before Tax363.812,383.365,162.6615,436.78
Net Profit after tax273.942,282.284,986.5014,842.70
Total Comprehensive Income for the period250.915,919.645,224.6121,620.66

RESPONIND Stock Price Movement​

Shares of Responsive Industries Limited slipped today, shedding 2.67% to settle at ₹165.90 in post-market trading. The stock traded within an intraday range of ₹164.0 and ₹170.8, with a total volume of 78,035 shares recorded during the session.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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