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RMC Switchgears Ltd consolidated sales down 73.95% on year in Q2FY2026, net profit witnessed a sharp fall of 77.56%
12-Aug-2026, 07:06
RMC Switchgears Ltd share price tumbled by 15.73% to Rs 283.45 after the company's net profit plunged by 77.56% to Rs 2.08 crore, while revenue from operations dropped sharply 73.95% to Rs 37.24 crore in Q2FY26 over Q1FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.22 lakh crore, easing 1.84%. It has inched up 2.31% over last one week and heading higher by 9.99% in last one month while the market capitalization of RMC Switchgears Ltd has dropped by 15.84% and 37.57% in the same period respectively. Profit before tax (PBT) of RMC Switchgears Ltd stood at Rs 2.78 crore in Q2 FY26, tumbling by 79.78% year-on-year, and crashing by 78.53% quarter-on-quarter. EBITDA came in at Rs 7 crore, plunging by 55.65% YoY and nosediving by 56.93% sequentially. Total expenses saw a steep drop of 75.69% to Rs 30.79 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 7.99 crore, slumping by 84.52% YoY, while employee benefits expense was at Rs 4.7 crore, ticking higher by 6.09% YoY. For the TTM ended FY26, revenue from operations surged 84.30% to Rs 318.16 crore, while net profit surged by 111.28% to Rs 31.46 crore, compared to previous TTM. EBITDA jumped by 3256% to Rs 51.96 crore, and PBT soared 99.16% to Rs 42.66 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 15.6 crore in FY26, as against Rs 7.78 crore in FY25. RMC Switchgears Ltd crashed 65.10% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.