Mumbai-based RIR Power Electronics Limited reported a strong first quarter for FY2026-27, with standalone revenue rising 29.28 per cent year-on-year to ₹27.16 crore from ₹21.01 crore in Q1 FY26. Profit after tax surged 80.59 per cent to ₹3.14 crore compared to ₹1.74 crore in the same period last year. Adjusted EBITDA climbed 62.87 per cent to ₹4.71 crore, with margins expanding 357 basis points to 17.32 per cent. On a sequential basis, the numbers were equally sharp, PAT more than doubled (+126 per cent) over Q4 FY26’s ₹1.39 crore. RIR also secured its first overseas order, 120 units of 125mm 5kV SCR thyristors, and showcased railway power electronics solutions at RailTrans Expo 2026.