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Ritesh International Profit Drops, Sales Soar
21 May
Summary
- Quarterly net profit declined 48% to Rs 1.05 crore.
- Sales increased by 29.59% to Rs 48.75 crore in the March quarter.
- Full-year net profit rose 11.52% despite quarterly dip.
Ritesh International's financial results for the quarter ending March 2026 indicate a notable divergence between sales and profit.
The company experienced a 48.02% decrease in net profit, falling to Rs 1.05 crore from Rs 2.02 crore in the corresponding quarter of the previous year. This downturn contrasts with a substantial 29.59% rise in sales, which reached Rs 48.75 crore.
Looking at the full fiscal year ending March 2026, Ritesh International reported a more positive trend for its bottom line. Net profit grew by 11.52% to Rs 3.68 crore, compared to Rs 3.30 crore in the prior fiscal year. Sales for the full year also saw significant expansion, up by 29.48% to Rs 167.00 crore.
