Radaan Mediaworks India Limited has informed the Exchange regarding Board meeting held on May 30, 2025.
RADAAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Radaan Mediaworks met on May 30, 2025 and approved audited standalone and consolidated results for Q4 and full year ended March 31, 2025, along with the re-appointment of M/s. V. Padmaja & Associates as Internal Auditors for FY26. On a consolidated basis, full-year FY25 swung to a profit of Rs. 28.93 Lakhs (from a Rs. 48.10 Lakhs loss in FY24), but Q4 FY25 itself was a loss of Rs. 49.62 Lakhs against a Rs. 320.73 Lakhs profit in Q4 FY24. The auditor issued a qualified opinion flagging a going-concern uncertainty (17th consecutive year), a fully eroded net worth of negative Rs. 1,142.21 Lakhs, unpaid statutory dues of Rs. 330.06 Lakhs, and capital work-in-progress of Rs. 1,919.58 Lakhs stuck on a stalled building project. Current liabilities of Rs. 2,386.18 Lakhs dwarf current assets of Rs. 324.17 Lakhs, underlining a severe liquidity crunch.
This filing carries multiple serious red flags - going-concern doubt, negative book value, persistent audit qualifications, and a sharp Q4 reversal - which signal deep financial stress and are likely to weigh negatively on the stock and existing shareholders. Investors should treat this as a high-risk, distressed situation where recovery is not yet evident.