RHI Magnesita India Reports Quarterly Results for June 30, 2026; Standalone and Consolidated Performance Details Available

RHI Magnesita India Reports Quarterly Results for June 30, 2026; Standalone and Consolidated Performance Details Available​

RHI Magnesita India Limited has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The Board of Directors approved these results, which have been reviewed by Price Waterhouse Chartered Accountants LLP.

The company's financial performance highlights include key figures across various reporting periods, detailing both standalone operations and group-wide outcomes.

Financial Overview (Standalone)​

For the quarter ended June 30, 2026, RHI Magnesita India Limited reported a revenue from operations of 80,520.92 Rs. Lakhs. The company recorded a profit or loss before tax of 60,233.43 Rs. Lakhs, which was significantly impacted by an exceptional item—impairment of investment in a subsidiary.

The standalone results for the quarter reflected:

• Revenue from operations: 80,520.92 Rs. Lakhs (Q ended June 30, 2026)
• Net profit before tax: 10,485.80 Rs. Lakhs (Q ended June 30, 2020)
• Profit/Loss for the period: 4,054.03 Rs. Lakhs (Q ended June 30, 2026)

The company noted that during the quarter and year ending March 31, 2026, it assessed future business projections of its wholly owned subsidiary, RHI Magnesita India Refractories Limited (RHIMIRI), and recognized a provision for impairment of 66,092.10 Rs. Lakhs toward the carrying value of its investment in RHIMIRI.

Consolidated Results Standout​

The consolidated results show strong revenue generation for the Group during the same period. Revenue from operations for the quarter ended June 30, 2026, stood at 96,031.56 Rs. Lakhs.

Key financial figures for the entire group, as reported in the statements, are presented below:

Performance Snapshot​

The financial statements provide a comparative view of key operational and profit metrics across multiple reporting periods:

Table 1: Comparative Financial Results (Rs. Lakhs)


Note: Figures are in Rs. Lakhs unless stated otherwise.

Operational Updates and Review Status​

The results were prepared in accordance with Indian Accounting Standard 34 'Interim Financial Reporting' and other generally accepted accounting principles in India.

In a related business development action, the company jointly incorporated RHI Khemka Minpro Private Limited (RHIKMPL) on July 16, 2026, to undertake mineral processing activities. The company holds a 51% equity stake in RHIKMPL, while Khemka holds 49%. This joint venture has not impacted the standalone financial results for the quarter ended June 30, 2026.

The interim financial information has been reviewed by Price Waterhouse Chartered Accountants LLP, and their review report was issued based on standard procedures to obtain moderate assurance regarding the statements.

RHIM Stock Price Movement​

Shares of RHI MAGNESITA INDIA LIMITED closed today, shedding 2.26% to settle at ₹415.55. The equity traded on a volume of 1.61 million shares after hitting an intraday low of ₹413 and finding a high near ₹432.40.