Financials Results for Year ended 31-03-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Riddhi Corporate Services Ltd reported audited financial results for FY2025-26 with a clean/unmodified audit opinion from its new statutory auditor (Aparajita V Shah & Co., following a predecessor auditor change). The Board recommended a final dividend of Rs. 0.49 per share (subject to shareholder approval at AGM). Key audit matter was accounting for long-term leases under IndAS 116, with the company having favourable lease terms that are frequently renegotiated. The auditor noted overdue statutory dues including Professional Tax (Rs. 81.28 lakh) and TDS (Rs. 1.91 lakh) outstanding for more than six months, plus a disputed CGST case of Rs. 4.53 lakh pending at appellate level. The company provided loans/advances of Rs. 89.75 lakh to third parties. No cash losses were incurred in current or preceding year, and internal controls were found adequate.
Clean audit provides confidence, but overdue tax dues and the related party loan disclosures may draw investor scrutiny. Dividend recommendation is positive for shareholder returns. The auditor change itself, while not qualified, warrants attention.