RISHABH INSTRUMENTS LTD

Rishabh Instruments Limited reported a positive start to Q1 FY27, with consolidated revenue of INR 1,983 million, reflecting a 4.2% year-on-year increase. The consolidated EBITDA margin was 16.8%, with EBITDA rising 17.3% to INR 333 million. The company achieved a consolidated PAT of INR 194 million. The Electrical and Electronics Instrumentation (EEI) segment was highlighted as a key growth driver, with a 34% revenue increase year-on-year. Management noted strong performance in both domestic and international markets, particularly in the U.S. and U.K. The solar inverter business showed progress, with new product launches and operational profitability. Management emphasized a focus on innovation and expanding product offerings, while also addressing challenges in the Lumel Alucast segment. The company aims to maintain its strategic priorities for profitable growth and operational excellence.

Management emphasized strong growth and operational progress across multiple segments.