Revenue and Operating Performance Trends
Over the past six years, Modi Rubber’s net sales have shown a substantial upward trajectory, rising from ₹5.24 crores in March 2019 to ₹29.20 crores by March 2025. This growth is particularly notable from fiscal 2023 onwards, where sales surged from ₹5.32 crores to over ₹29 crores within two years, signalling a strong expansion phase. Despite this, the company has consistently reported operating losses excluding other income, with operating profit margins deeply negative, reflecting high expenditure relative to sales. For instance, operating profit margins excluding other income were below -500% in the latest fiscal year, underscoring ongoing operational challenges.
Employee costs and other expenses have increased in line with s...
Read More








