Net profit of RIR Power Electronics declined 8.92% to Rs 1.43 crore in the quarter ended September 2024 as against Rs 1.57 crore during the previous quarter ended September 2023. Sales rose 13.31% to Rs 18.82 crore in the quarter ended September 2024 as against Rs 16.61 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales18.8216.61 13 OPM %12.3815.71 - PBDT2.502.60 -4 PBT2.322.33 0 NP1.431.57 -9 Powered by Capital Market - Live News

RIR Power Electronics will hold a meeting of the Board of Directors of the Company on 14 November 2024.Powered by Capital Market - Live News

RIR Power Electronics announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News

The Board of RIR Power Electronics at its meeting held on 05 September 2024 has approved allotment of 4 lakh equity shares on conversion of warrants. Post allotment of these shares, the paid up equity share capital stands increased to Rs. 7,35,72,400 comprising of 73,57,240 equity shares of Rs.10/ - each. Powered by Capital Market - Live News

RIR Power Electronics has inaugurated its new factory at Bhubaneshwar, Odisha. This project represents a significant step towards enhancing the company`s capabilities in the Silicon Carbide based technology. The inauguration of this new Factory is considered a step towards realizing the company`s vision of becoming a leader in the semiconductor industry both locally and globally.Powered by Capital Market - Live News