Radaan Mediaworks India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
RADAAN · price
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Radaan Mediaworks India Limited reported audited financial results for Q4 and FY ended March 31, 2026. Total standalone income declined sharply to Rs. 643.97 Lakhs from Rs. 2,288.04 Lakhs in the previous year (approximately 72% decline). The company posted a standalone loss before tax of Rs. 484.38 Lakhs compared to a profit of Rs. 29.90 Lakhs in FY25. The auditors issued a qualified opinion citing material uncertainty about the company's ability to continue as a going concern, noting that net worth has fully eroded, current liabilities exceed current assets, and statutory dues of Rs. 355.81 Lakhs remain unpaid. The company also has negative equity of Rs. 1,590.40 Lakhs and negative operating cash flow of Rs. 356.98 Lakhs for the year. Additionally, the company reappointed M/s. V. Padmaja & Associates as internal auditors for FY 2026-27.
This is a highly negative development. The company faces severe financial distress with eroded net worth, mounting losses, and auditor concerns about its viability as a going concern. Shareholders should be extremely cautious as the stock carries significant risk of value destruction.