Riba Textiles Reports Declining Financial Metrics Amid Rising Interest Costs in August 2025

Riba Textiles, a microcap player in the Garments & Apparels industry, has recently reported its financial results for the quarter ending June 2025. The results, declared on August 12, 2025, indicate a notable shift in the company's financial landscape. The evaluation changes reflect a significant decline in key financial metrics. Profit Before Tax less Other Income (PBT) has been reported at Rs 0.05 crore, showcasing a substantial year-on-year decline. Similarly, Profit After Tax (PAT) stands at Rs 0.72 crore, also reflecting a decrease compared to the previous year. Net Sales have reached Rs 50.25 crore, marking the lowest figure in the last five quarters and indicating a downward trend in sales performance. Additionally, the company's ability to manage interest payments has come under pressure, with the Operating Profit to Interest ratio recorded at its lowest point in recent quarters. The rising interest costs, now at Rs 1.83 crore, further highlight the challenges faced by Riba Textiles. Overall, the financial results suggest a challenging environment for the company, prompting a revision in its score. For more insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.