Mumbai, Feb 4: Rashi Peripherals Limited, one of India’s leading value-added distributors of IT hardware, consumer technology, and enterprise solutions, announced its consolidated financial results for the third quarter of FY26, reflecting strong growth across key metrics.
For Q3-FY26, the company reported a consolidated revenue of INR 40,304 million, marking a 43% year-on-year increase. EBITDA surged by 453% YoY to INR 1,189 million, driven by improved economies of scale and operational efficiencies. Net profit reached INR 746 million, a 132% YoY increase, representing the highest-ever quarterly profit for the company.
During the nine months ending December 31, 2025, Rashi Peripherals recorded a consolidated revenue of INR 113,380 million, up 5% YoY, while EBITDA rose 58% YoY to INR 3,261 million. Net profit for the nine-month period increased 24.5% YoY to INR 1,955 million, highlighting steady growth and operational resilience.
Business Highlights for Q3-FY26:
Strong demand during the quarter, driven by partners stocking up ahead of expected price increases due to component shortages, resulted in the company’s highest-ever third-quarter sales. The company expanded its distribution partner network, introduced new SKUs, and launched a new branch in Solapur to enhance regional presence and market coverage.
Employee retention and alignment were strengthened through INR 140 million in ESOP costs year-to-date, incentivizing key talent. Additionally, the company accounted for an incremental impact of INR 41 million following the Government of India’s new Labour Codes, covering enhanced gratuity and leave liabilities.
Management Commentary:
Kapal Pansari, Managing Director, said, “We are pleased to report another strong quarter with solid performance across revenue, EBITDA, and PAT. Backed by our robust distribution network, pan-India presence, and strong channel partner relationships, we continue to enable the adoption and deployment of complex, high-value technology solutions across the country. As a trusted distribution partner for 82 global technology brands, we facilitate faster market entry, deeper penetration, and long-term brand scalability while extending technology access beyond metros into Tier-2, Tier-3, and emerging markets. Our integrated presence across General Trade, Modern Trade, and E-Commerce ensures technology availability for diverse customer segments, including end users, enterprises, educational institutions, data centers, BFSI, and government organizations. Our focus on long-term value creation underscores our commitment to consistent, sustainable, and profitable growth.”
Rajesh Goenka, Chief Executive Officer, added, “Despite global market volatility and uncertainty, Rashi Peripherals continued its growth momentum. The industry is experiencing price uptrends due to global shortages and currency fluctuations, yet we turned these challenges into opportunities, delivering 43% revenue growth and 132% net profit growth YoY. We remain committed to efficient planning and strong execution to drive consistent and sustainable growth across all business verticals.”
Investor Information and Conference Call:
The company will host a quarterly earnings conference call on Wednesday, February 4, 2026, at 11:00 AM IST to discuss the Q3-FY26 results. The call will be accessible via universal dial-in numbers and Diamond Pass Link. Detailed financial statements and investor presentations are available on Rashi Peripherals’ website at
Safe Harbor Statement:
This press release may contain forward-looking statements regarding Rashi Peripherals’ business, strategy, and financial performance, involving risks and uncertainties. Actual results may differ materially from those expressed in forward-looking statements due to market conditions, competition, technology changes, and other factors beyond the company’s control. Rashi Peripherals assumes no obligation to update such statements unless required by law.
