Board of Directors of the Company at its Meeting held today i.e. Saturday, May 30, 2026, has considered and approved the following: 1. Audited Financial Statements including Balance Sheet ....
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Rander Corporation Limited, an NBFC registered with RBI, announced the approval of its audited financial results for the quarter and year ended March 31, 2026. Total assets decreased from ₹2,286.77 lakhs to ₹2,142.59 lakhs year-over-year. However, total equity increased significantly from ₹908.89 lakhs to ₹1,233.70 lakhs. The company reported negative operating cash flows of ₹163.35 lakhs for FY2026, though this was an improvement from ₹187.25 lakhs in the prior year. The statutory auditors, M/s. Ishwarlal & Co., issued an unmodified (clean) audit opinion on the financial results. The company also revised its Expected Credit Loss (ECL) model during the year, changing assumptions for probability of default, loss given default, and exposure at default based on updated data.
The clean audit opinion and increase in equity are positive indicators for shareholders. However, the negative operating cash flows and declining total assets may raise concerns about the company's operational efficiency. No going concern issues were flagged by auditors.