Radiant Cash Management Services Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2026.
RADIANTCMS · price
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Radiant Cash Management Services Limited reported FY2026 audited standalone revenue of INR 4,012.86 million (vs INR 4,050.91 million in FY2025) and consolidated revenue of INR 4,294.75 million (vs INR 4,271.47 million). Standalone PAT declined to INR 382.15 million from INR 456.69 million, while consolidated PAT fell to INR 279.79 million from INR 470.57 million — a 40.5% decline on consolidated basis. The company recorded an exceptional item of INR 31.25 million due to fraudulent transactions discovered in subsidiary Aceware Fintech Services Private Limited (unauthorized system access by a former employee). Short-term borrowings increased significantly to INR 1,500.35 million (standalone). The Board recommended a final dividend of INR 2.5 per share (250%). Statutory auditors issued an unmodified opinion. The step-down subsidiary Acemoney Payment Solutions was struck off during the period.
The company faced a sharp PAT decline driven by exceptional fraud-related charges and increased borrowing costs. Despite revenue marginal decline and negative profitability trajectory, the clean audit opinion and dividend declaration may provide some stability. However, investors should monitor the fraud incident's operational and regulatory implications.