Results - Announcements
Responsive Industries Ltd share price slipped 1.69% to Rs 145.5. The Company's net profit soared by 136.86% to Rs 6.49 crore, while revenue from operations improved marginally 6.23% to Rs 204.89 crore in Q3FY26 over Q2FY26.
The market capitalization of Furniture, Home Furnishing industry group stocks on BSE stood at Rs 19046.58 crore, gaining 0.24%. It has softened by 0.48% over last one week and tumbled 16.53% in last one month while the market capitalization of Responsive Industries Ltd has inched up 2.50% and 15.11% in the same period respectively.
Profit before tax (PBT) of Responsive Industries Ltd stood at Rs 8.39 crore in Q3 FY26, plunging by 84.65% year-on-year, and jumping 130.49% quarter-on-quarter. EBITDA came in at Rs 29 crore, tumbling by 60.97% YoY and rallying 35.07% sequentially.
Total expenses saw a slight increase of 3.16% to Rs 193.18 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 110.22 crore, soaring by 22.26% YoY, while employee benefits expense was at Rs 10.63 crore, inching up 3.40% YoY.
For the TTM ended FY26, revenue from operations eased 1.68% to Rs 1394.12 crore, while net profit tumbled by 25.36% to Rs 148.43 crore, compared to previous TTM. EBITDA jumped by 28712% to Rs 231.69 crore, and PBT plunged by 26.41% to Rs 154.37 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 39.62 crore in FY26, as against Rs 75.41 crore in FY25.
Responsive Industries Ltd crashed 25% in last one year, underperforming the benchmark BSE Sensex which has declined by 11.78% during the same period.