RIR Power Electronics held its Q1 FY'27 earnings conference call, reporting strong financial results.

Revenue grew 29.3% to Rs. 27.16 crore, with EBITDA up 80.6% to Rs. 3.98 crore, reflecting improved profitability.

The Odisha facility's Phase one clean room is complete and power supply is ready, with epitaxy operations expected to commence by end of Q2 FY'27. Revenue from epi wafer sales, targeting Rs. 12-15 crore for H2 FY'27 at 20-25% EBITDA margins, is anticipated from Q3 FY'27. The company also strengthened its board and enhanced market visibility through its NSE listing, while expanding its high-power semiconductor portfolio and international footprint.