27-Oct-2026 13:53:35
RIR POWER ELECTRONICS Q2: REVENUE UP 32.5% YOY; PAT RISES 41.2%, ODISHA SIC SEMICONDUCTOR FACILITY NEARS COMMERCIAL PRODUCTION
• Revenue Growth: Up 32.5% YoY in Q2 FY27, supported by strong operational performance • Net Profit: Up 41.2% YoY to ₹4.44 Cr • PAT Margin: Improved to 12.50% from 11.97% YoY, an expansion of 53 bps • Semiconductor Expansion: Completed installation of Silicon Carbide (SiC) epitaxial wafer manufacturing reactors at its Odisha facility • Odisha Project: Phase 1 focuses on SiC epitaxy and packaging, while Phase 2 will involve semiconductor fabrication • Infrastructure Readiness: Cleanroom construction, power connections, utilities and critical infrastructure completed • Commercial Production: Bhubaneswar facility expected to commence operations in Q3 FY27, subject to statutory and regulatory formalities • Make in India: Facility aims to manufacture India's first SiC epitaxial wafers for domestic and global markets • Growth Strategy: Continued focus on developing new products for railway and power sectors • Business Outlook: Management expects semiconductor expansion and new product development to support sustainable long-term growth
RIR POWER ELECTRONICS L