Rectitude Holdings Ltd Announces Fiscal Year 2025 Financial Results
SEC Filing 6-K (0001213900-25-069640)
Rectitude Holdings Ltd, a Singapore-based provider of safety equipment and industrial hardware, reported its financial results for the fiscal year ended March 31, 2025. The company saw a 5.91% increase in revenues, reaching S$43.80 million, driven by higher demand in the construction sector. However, gross profit margin decreased to 33.65%, down 192 basis points, due to higher procurement costs for new industrial products. Net income declined by 33.3% to S$2.24 million, primarily due to lower gross margins and increased operating costs. Adjusted EBITDA also decreased to S$4.56 million from S$5.88 million in the previous year. The company highlighted the successful launch of its All-in-One Intelligent Micro-grid System (AIMS), which offers a cleaner alternative to diesel generators for remote worksites. Despite the challenges, Rectitude remains focused on long-term growth and innovation in the safety equipment market.