Rathi Bars Limited Q2 Results Due After ₹15.62 Crore Q1 Loss

Rathi Bars Limited is scheduled to report Q2 FY27 results on November 11, 2026, following a ₹15.62 crore net loss in Q1 FY27. The release is important because the company reported suspended operations, revenue of ₹18.54 crore and a sharp reversal from the prior year's first-quarter profit.

When will Rathi Bars announce its Q2 FY27 results?

Rathi Bars is listed among companies scheduled to announce September-quarter, or Q2 FY27, financial results on November 11, 2026. The earnings release will cover the quarter ended September 2026 and may be accompanied by management commentary on business conditions during the second half of FY27.

The scheduled announcement follows the company's Q1 FY27 results released on August 12, 2026. The available Q1 summary described operations as suspended and reported substantial financial strain. The Q2 filing will therefore be relevant for assessing whether the operating position, revenue run rate and profitability changed during the September quarter.

The supplied quarterly data also shows that reported figures have weakened materially in recent periods. In the March 2026 quarter, Rathi Bars reported revenue of ₹19.54 crore and a net loss of ₹14.77 crore. The reported-results table showed net loss widening to ₹15.62 crore in the June 2026 quarter, while revenue was marked unavailable in that table.

Why does the Q1 FY27 result matter for Rathi Bars?

Rathi Bars reported a net loss of ₹15.62 crore for Q1 FY27, compared with a profit of ₹0.84 crore in Q1 FY26. This reversal was accompanied by a steep fall in revenue from operations to ₹18.54 crore from ₹132.84 crore a year earlier.

The Q1 loss translated into a loss per share of ₹9.56, against earnings per share of ₹0.52 in the comparable quarter of the prior year. The quarterly fact sheet also records a ₹13 crore operating loss for the June 2026 quarter, following a ₹12 crore operating loss in the March 2026 quarter.

These figures provide the immediate baseline for the September-quarter release. Investors will be able to compare the reported Q2 revenue and net profit or loss with the Q1 numbers, while any operational update could help explain whether the suspension referenced in the Q1 report remained in place.

What does Rathi Bars' FY26 performance show?

Rathi Bars reported FY26 revenue from operations of ₹368.60 crore, down from ₹496.29 crore in FY25. The company posted a net loss of ₹11.52 crore for FY26, compared with a profit of ₹2.57 crore in the preceding year.

Its EBITDA was negative ₹1.00 crore in FY26, versus positive ₹14.78 crore in FY25. Basic and diluted earnings per share were negative ₹7.06 for FY26, against positive ₹1.57 in FY25. The annual performance therefore reflected both lower revenue and a move from operating profitability to a negative EBITDA outcome.

The supplied material also states that auditors flagged a debt default in connection with the FY26 results. No debt-default amount or detailed terms were provided in the source material. This makes the formal Q2 filing and any accompanying disclosures particularly relevant for updates that the company chooses to provide on its financial position.

Which disclosures will investors monitor in the Q2 FY27 filing?

Investors will monitor revenue, profitability, EPS and comments on the status of operations when Rathi Bars releases Q2 FY27 numbers. Given the Q1 revenue decline and net loss, these reported measures will offer the clearest comparison with the immediately preceding quarter and the year-earlier period.

Investors may also examine disclosures concerning related-party transactions. The company had proposed material transactions with Rathi Special Steels Ltd and Bhiwadi Iron Private Ltd of up to ₹100 crore each for FY27. The source states that this limit represented 27.13% of FY26 consolidated turnover.

The scheduled result is also relevant for the steel sector's listed-company earnings calendar because Rathi Bars is included among Indian steel stocks. However, the available information does not provide a forecast for Q2 revenue, profit or loss. The market will have to rely on the filed financial statements and management commentary rather than assumptions about a recovery.

Conclusion

Rathi Bars enters its Q2 FY27 earnings date after a difficult Q1, marked by ₹18.54 crore of revenue, a ₹15.62 crore net loss and an indication that operations were suspended. Its FY26 results had already shown declining revenue, negative EBITDA and a shift to an annual loss, placing the September-quarter disclosure in a significant financial context.

The next item to watch is the November 11, 2026 Q2 FY27 filing, including any management update on operations and second-half FY27 business conditions. Reported revenue, net profit or loss, EPS and disclosures relating to financial obligations or related-party transactions will provide the factual basis for evaluating the company's position.