Rushil Decor approves Q2 results, dilutes subsidiary stake

Rushil Decor Limited's Board of Directors, at their meeting on November 8, 2025, approved the unaudited standalone and consolidated financial results for the second quarter ended September 30, 2025. This approval includes the associated limited review report from the statutory auditor.

A key strategic decision was the approval to dilute the company's equity holding in its subsidiary, Rushil Modala Ply Limited, from the current 51% to up to 29%. This will be achieved by selling equity shares to existing shareholders of Modala Group and/or other persons. This move is aimed at optimizing Rushil Decor's investment portfolio and enhancing operational efficiency.

For the half year ended September 30, 2025, the company reported a standalone net loss of ₹(77.09) million, contrasting with a profit of ₹239.13 million in the prior year. Consolidated net loss for the same period was ₹(89.39) million, compared to a profit of ₹237.83 million last year. Diluted earnings per share (EPS) stood at ₹(0.27) for standalone and ₹(0.31) for consolidated results for the six-month period.