Rathi Steel & Power Ltd — Interim / Quarterly Report 2026

Aug 14, 2025

RSPL/BSE/2025-26/ Date: August 14, 2025

To BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Maharashtra

Scrip Code: 504903

Dear Sir,

Subject: Outcome of the Board meeting dated August 14, 2025

Pursuant to Regulations 30 and 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), this is to inform you that based on the recommendation of the Audit Committee of the Board of Directors of the Company, the Board of Directors ("Board") in its meeting held today, August 14, 2025, interalia, considered and approved Unaudited Financial Results of the Company for the quarter ended June 30, 2025.

A copy of the Unaudited Financial Results of the Company along with the Limited Review Auditor's Report are enclosed herewith as Annexure A.

Further, The Board considered and authorized following Key Managerial Personnels for the purpose of determining materiality of an event or information and for the purpose of making disclosures to the stock exchange under Regulation 30 of Listing Regulations:

S. N.	Name	Designation	Contact Details
1.	Sh. Mahesh Pareek	Managing Director	0120-2840348
2.	Sh. Rajesh Khurana	Whole-time Director	0120-2840348
3.	Sh. Abhishek Verma	Whole-time Director	0120-2840348
4.	Smt. Namita Lal	Company Secretary and Compliance	0120-2840348
	Madan	Officer

The Board Meeting commenced at 2.30 P.M. and concluded at 3.50 P.M. You are requested to please take note of the above.

Thanks and regards. Yours faithfully, For Rathi Steel and Power Limited

Abhishek Digitally signed by Abhishek Verma Date: 2025.08.14 16:31:45 +05'30'

Abhishek Verma Whole Time Director DIN: 08104325

Encl. : As above

Verma

Rathi Steel And Power Ltd.

CIN: L27109DL1971PLC005905

ANNEXURE - A

An ISO 9001:2015 & 14001:2015 Company

Works & Corporate Office
A-3 Industrial Area South of G.T. Road Ghaziabad 201009 India Phone (0120) 2840346 to 51, 0120 4934034 Fax (0120) 2840352 Website www.rathisteelandpower.com Email info@rathisteelandpower.com

	RATHI STEEL AND POWER LTD.
	Regd. Office: Block -A,24 / 1, Mohan Co-Operative Industrial Estate, Mathura Road, New Delhi-110044
	UNAUDITED STANDLONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2025					('Rs. in Lacs)
	Particulars		Quarter ended		Year Ended
		30.06.2025	31.03.2025	30.06.2024	31.03.2025	31.03.2024
		Unaudited	Audited	Unaudited	Audited	Audited
	Revenue from operations	15,529.43	14,957.20	12,772.78	50,315.22	49,318.56
П	Other Income	10.71	15.80	9.02	228.17	309.76
Ш	Total Revenue (I+II)	15,540.14	14,973.00	12,781.80	50,543.39	49,628.32
IV	Expenses
	a) Cost of Materials consumed	12,880.08	12,078.81	9,977.09	39,829.20	36,577.88
	b) Purchase of stock-in-trade
	c) Changes in inventories of finished goods, WIP and stock in trade	(395.73)	(816.29)	(428.58)	(2,041.78)	929.11
	d) Employee benefits expenses	371.21	327.74	308.92	1,207.50	951.29
	e)Finance cost	174.93	171.85	107.52	550.26	1,173.57
	f) Depreciation and amortisation expenses	259.26	253.87	229.94	956.89	874.29
	g) Other expenses	2,061.84	2,576.83	2,318.39	9,117.37	8,745.13
	Total Expenses	15,351.59	14,592.81	12,513.28	49,619.44	49,251.27
V	Profit/(Loss) before Exceptional and Extraoridinary Items (III - IV)	188.55	380.19	268.52	923.95	377.05
VI	Exceptional Items				(471.48)
VII	Profit/(Loss) before Extraoridinary Item (V - VII)	188.55	380.19	268.52	1,395.43	377.05
VIII	Extraordinary Item					(1,983.65)
IX	Prefit/(Loss) before Tax (VII - VIII)	188.55	380.19	268.52	1,395.43	2,360.70
X	Tax expenses	Ξ
	a) Current Tax		٠	ä,	$\qquad \qquad \blacksquare$	7.30
	b) Deferred Tax/MAT Credit		$\overline{\phantom{0}}$	٠	$\blacksquare$
	Total Tax		٠		$\overline{\phantom{m}}$	7.30
XI	Profit/(Loss) for the period from continuing operations $(IX - X)$	188.55	380.19	268.52	1,395.43	2,353.40
XІІ	Profit/(Loss) from discontinuing operations	-	-
XIII	Tax Expenses on discontinuing operations	ä,		۰	۸
IVX	Profit/(Loss) from discontinuing operations (after tax) (XII-XIII)
XV	Profit/(Loss) for the period ( $XI +/- IVX$ )	188.55	380.19	268.52	1,395.43	2,353.40
XVI	Other Comprehensive Income
	Other Comprehensive Income/ Expenses net of taxes expenses item that will not be reclassified to profit or loss	12.84	10.59	14.60	10.59	11.03
	$XVII$ Total Comprehensive Income ( $XV + XVII$ )	201.39	390.78	283.12	1,406.02	2,364.43
XVIII	Paid-up equity share capital Equity Shares (Face Value of Rs. 10/- each)	8,636.30	8,636.30	8,506.30	8,636.30	8,506.30
	Redeemable Preference Shares (Face Value of Rs. 10/- each)	889.40	889.40	1,039.93	889.40	1,039.93
	IXX Earnings Per Equity Share
	(a) Basic	0.22	0.44	0.32	1.62	2.77
	(b) Diluted	0.22	0.44	0.32	1.62	2.73

more of

REGISTERED OFFICE 24/1, Block-A, Mohan Co-operative Industrial Estate, Mathura Road, New Delhi-110044 Phone: 011-45058011

Rathi Steel And Power Ltd.

CIN: L27109DL1971PLC005905

An ISO 9001:2015 & 14001:2015 Company

Works & Corporate Office

A-3 Industrial Area South of G.T. Road Ghaziabad 201009 India Phone (0120) 2840346 to 51, 0120 4934034 Fax (0120) 2840352 Website www.rathisteelandpower.com Email info@rathisteelandpower.com

Notes:

• The Company's operations fall under single segment namely "Steel" $\mathbf{1}$
• The above results for the quarter ended 30th June 2025 have been reviewed by the audit committee and taken on record in the meeting of the $\overline{2}$
• Board of Directors of the Company held on 14-08-2025.
• The auditors of the Company have carried out limited review of the above results. $\overline{\mathbf{3}}$
• $\overline{4}$ During financial year 2023-24, the Company had raised Rs.114.71 Crores through preferential issue of 3,55,70,522 Equity Share (face Value Rs. 10- each) and Rs. 107.164 crores by way of conversion of existing Redeemable Preference Shares into Optionally Convertible Redeemable Preference Shares (OCRPS) which were subsequently converted into 1,81,84,370 Equity Shares (face Value Rs.10- each) and got listed on BSE limited(BSE) on 16th April 2024. Remaining 1505265 OCRPS got converted into 1300001 Equity Shares on 24.03.2025. Status of utilization of issue proceeds is summarized as below:

	Rs. In Crores
	Amount	Amount uilised	Total
Payment of outstanding Liabilities including Debt	44.00	44.00
Capital Expenditure	9.20	9.20	$\blacksquare$
Working capital Purpose	61.51	61.51
Conversion of RPS into OCRPS & Consequently into Equity Shares	107.16	107.16
	221.88	221.88

Figures for the quarter ended March 31,2025 as reported in these financial results are the balancing figures between audited figures in respect of 5 the full financial year and the published year to date the end of third quarter of previous financial year.

Corresponding figures of previous periods have been re-grouped to make them comparable wherever necessary. 6

Dated: 14/08/2025 Place: New Delhi

For Rath Steel And Power Ltd. Mahesh Pareek Managing Director

DIN: 00174146

CHARTERED ACCOUNTANTS III A-49, NEHRU NAGAR - GHAZIABAD (U.P) TEL:-9811157965 Email :- camunna5@gmail.com

INDEPENDENT AUDITOR'S LIMITED REVIEW REPORT

TO THE BOARD OF DIRECTORS OF RATHI STEEL AND POWER LIMITED

We have reviewed the accompanying statement of standalone unaudited financial results of M/S Rathi Steel And Power Limited (the Company) for the quarter ended on 30^th June 2025 (the statement) attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 of the SEBI (Listing, Obligations and Disclosure requirements) Regulations, 2015, as amended.

These financial results have been prepared on the basis of interim financial statements, which are the responsibility of the company's management and have been approved by the Board of Directors. Our responsibility is to issue a report on these financial statements based on our review.

We conducted our review in accordance with the standard on review Engagement (SRE) 2410, Review of Interim Financial Information Performed by the "Independent Auditor of the Entity" issued by the institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion.

Attention is drawn to the fact that figures for the quarter ended 31^st March 2025 as reported in these statements are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the end of third quarter of the relevant financial year which were subject to limited review by us.

Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement prepared in accordance with the aforesaid Indian Accounting Standards and other recognized accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 DT July 5, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For M. LAL & CO.

Chartered Accountants Firm Registration Number: 016069C

Chartered M. L. Agrawal Accountants Proprietor M.No.: 011148 UDIN: 25011148 BMIXTG INTI

Place: New Delhi Date: 14/08/2025