Audited financial result for the quarter and year ended March 31, 2026
Awaiting price reaction for this filing.
Radha Madhav Corporation Ltd reported a net loss of Rs 4.04 million for FY26, a significant decline from a profit of Rs 0.77 million in FY25. Revenue from operations dropped sharply to Rs 15.23 million from Rs 32.20 million in the previous year, representing a revenue decline of approximately 53%. The company posted a loss of Rs 5.37 million in Q4 FY26 compared to a profit of Rs 7.91 million in Q4 FY25. Despite the operational losses, the company generated positive cash flow from operations of Rs 50.38 million, up from Rs 21.55 million in the prior year. The statutory auditor issued an unmodified (clean) opinion on the financial results. The company's balance sheet shows negative other equity of Rs 67 million and total equity of only Rs 11.10 million against a paid-up capital of Rs 78.10 million.
The company swung from profit to loss with a 53% revenue decline, raising concerns about its financial health despite positive operating cash flows. The thin equity base and accumulated losses may worry shareholders, though the clean audit opinion provides some comfort.