OUTCOME OF THE BOARD MEETING FOR THE APPROVAL OF THE ANNUAL AUDITED FINANCIAL RESULTS FOR THE PERIOD ENDED ON 31.03.2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rich Universe Network Ltd reported a net profit of Rs. 49.98 lakhs for FY2026, a significant turnaround from a net loss of Rs. 29.32 lakhs in FY2025. Total income was Rs. 74.92 lakhs, derived entirely from other income since revenue from operations was zero. The company operates in a single 'Trading' segment. Operating cash flow was negative at Rs. 13.17 lakhs, indicating the profit was not backed by cash generation. The statutory auditor, M/s SRIVASTAVA S & CO., issued an unmodified (clean) audit opinion. The Board also appointed Mrs. Astha Chaturvedi (Company Secretary) as Internal Auditor for FY2026-27.
The return to profitability after a loss year is positive, but investors should note the disconnect between profit and negative operating cash flow. Zero operating revenue raises questions about business sustainability despite the clean audit opinion.