RMC Switchgears reports strong half-year earnings growth

RMC Switchgears Limited reported a standalone total income of INR 19,556.41 lacs for the half-year ended September 30, 2025, an increase from INR 10,520.80 lacs in the same period last year. The profit before tax for the half-year surged to INR 2,603.48 lacs, compared to INR 1,507.46 lacs previously. Net profit for the period also saw substantial growth, reaching INR 1,948.24 lacs from INR 1,025.30 lacs in the prior half-year.

The company's basic and diluted earnings per share for the half-year ended September 30, 2025, were INR 18.46, up from INR 9.95 in the corresponding period of 2024. Total expenses for the current half-year amounted to INR 16,952.93 lacs, an increase from INR 9,013.34 lacs in the previous year.

The board also noted the allotment of 218,500 equity shares on a preferential basis at INR 687/- per share, aggregating to INR 15,01,09,500. Additionally, 25,000 shares were allotted under the ESPS, 2023, to eligible employees. The trading window for company shares will reopen after 48 hours of the declaration of these results.