Rays of Belief Q1 PAT at Rs 2.79 Crore

Revenue for the quarter ended June 30, 2026, reached Rs 25.31 crore compared to Rs 25.01 crore in the preceding quarter.

Reader Takeaway: Steady revenue growth and US market dominance; monitor margin impact from the new City Pro Group acquisition.

What just happened

Rays of Belief Ltd has filed its first quarterly financial results following its September 2026 listing on the BSE and NSE. The company reported a consolidated net profit of Rs 2.79 crore for the quarter ended June 30, 2026, marking an improvement from the Rs 2.39 crore profit recorded in the quarter ended March 31, 2026. The financial results received an unmodified limited review report from statutory auditors Suri & Sudhir.

Why this matters

This filing provides investors with the first public insight into the company's financial health post-IPO. With US operations now contributing 50.66% of consolidated revenue, the geographical shift is significant. The acquisition of City Pro Group Inc. by its US subsidiary, Mom's Belief US Inc., effective September 18, 2026, marks a pivotal step in the company's international expansion strategy.

The backstory

The company operates in the specialized healthcare segment, providing therapy plans for children with neurodevelopmental challenges. Since its listing on September 8, 2026, the company has focused on scaling its presence in both India and the USA, which currently contribute Rs 12.49 crore and Rs 12.82 crore in revenue respectively.

Risks to watch

Investors should closely track the integration of City Pro Group Inc. into the company's existing framework. Successful synergy realization is essential to maintain or improve current profit margins as the company scales its operations in competitive international markets.

What to track next

Watch for upcoming quarterly results to determine if the revenue momentum continues and how the newly acquired step-down subsidiary contributes to the consolidated bottom line.