News

Net profit of RIR Power Electronics declined 42.80% to Rs 1.39 crore in the quarter ended March 2026 as against Rs 2.43 crore during the previous quarter ended March 2025. Sales declined 9.49% to Rs 23.95 crore in the quarter ended March 2026 as against Rs 26.46 crore during the previous quarter ended March 2025.For the full year,net profit rose 3.93% to Rs 7.93 crore in the year ended March 2026 as against Rs 7.63 crore during the previous year ended March 2025. Sales rose 5.41% to Rs 90.87 crore in the year ended March 2026 as against Rs 86.21 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales23.9526.46 -9 90.8786.21 5 OPM %8.7313.00 -11.2212.97 - PBDT2.833.50 -19 11.3811.34 0 PBT2.473.22 -23 10.1010.37 -3 NP1.392.43 -43 7.937.63 4 Powered by Capital Market - Live News

RIR Power Electronics announced that the Board of Directors of the Company at its meeting held on 28 May 2026, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

RIR Power Electronics has secured a large order from Overseas Customer that would see the company supplying 120 units of its 5kV silicon-controlled rectifier (SCR) thyristors in the first phase. Having carved a reputation for driving innovation and energy efficiency through its range of press-pack thyristors, this order reaffirms the growing global trust in RIR Power Electronics` product portfolio. Unlike standard industrial phase-control thyristors, RIR Power Electronics` range of high-power press-pack thyristors are high-current semiconductor switching devices that are designed to handle very high peak currents and high di/dt pulses for short durations. Employing a 125 mm diameter silicon chip enclosed in a press-pack construction, RIR Power Electronics` 125mm 5kV SCR thyristors are renowned for their high mechanical reliability and optimized lifetime control; making them ideal for heavy-power applications that require very high current handling and reliability. This order win is from one of the leading Class I Electrical EPC contractor that carries out turnkey electrification projects for industries and power plants across the world and underscores RIR Power Electronics` growing repute as India`s leading vertically integrated Silicon Carbide (SiC) semiconductor manufacturer.

RIR Power Electronics will hold a meeting of the Board of Directors of the Company on 28 May 2026.

RIR Power Electronics announced the appointment of N Ramesh Kumar as the Managing Director and Chief Executive Officer with effective from 11 February 2026. Ramesh G. Trasi, who has served as CEO of the company for over 22 years, will transition to the role of Chief Technology Officer, where he will continue to drive RIR Power Electronics` technology and innovation roadmapRamesh Kumar has over 42 years of experience in driving growth across sales & marketing, business development, and P&L-led business management spanning multiple product lines and geographies. Being a strategic leader, he has consistently strengthened market share through focused expansion, new product development, and brand-building initiatives. Previously, as Global Business Head of Industrial Products and Solutions at CG Power and Industrial Solutions Limited, he has successfully scaled operations, managed complex portfolios, and delivered sustained profitability. He has also been a member of CG Power Executive Committee, the highest decision-making body under the Board, where he played a key role in shaping the company`s business strategy by effectively engaging with customers, channel partners, business partners, and unions. Most recently, he served as CEO at Diffusion Engineers Limited, overseeing domestic and international manufacturing plants and regional sales operations. Powered by Capital Market - Live News