With reference to above captioned subject, we hereby inform you that the Board of Directors in their meeting held today, i.e. Monday, May 25, 2026, inter alia, have: A. FINANCIAL RESULTS Approved ....
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Real Growth Corporation reported FY26 audited standalone financial results for the year ended March 31, 2026. Revenue from operations more than doubled to Rs. 850.85 Lakhs from Rs. 387.21 Lakhs in FY25, showing strong top-line growth. However, profit after tax declined significantly to Rs. 77.49 Lakhs from Rs. 727.65 Lakhs in FY25, a decline of over 89%. The company also appointed Mr. Kunal Jain as Company Secretary and Compliance Officer effective May 26, 2026. The statutory auditors issued an unmodified (clean) audit opinion, though they highlighted a key matter regarding refund receivable from a group company under IBC process and noted that the accounting software lacked audit trail features. Statutory dues including GST (Rs. 55.58 Lakhs) and TDS (Rs. 30.75 Lakhs) were in arrears for over six months as of March 31, 2026.
While revenue grew significantly, the sharp decline in profitability raises concerns. The company has substantial pending statutory liabilities and tax disputes that could impact future financials. Shareholders should monitor the resolution of these regulatory issues.