BSERLF LtdHighNeutral
Announced Wed, 13 Aug · 17:58 IST

Please find enclosed herewith Un-Audited Financial Results for the Quarter ended 30th June, 2025.

Emphasis Of MatterRevenue DeclinePat NegativeRelated Party TransactionsContingent Liabilities IncreasedAuditor Mid Year ChangeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RLF Limited has submitted its unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue dropped sharply to Rs. 20.67 lakhs from Rs. 35.05 lakhs in the same quarter last year, a fall of about 41%. The company swung from a profit of Rs. 4.02 lakhs in Q1 FY25 to a loss of Rs. 0.89 lakhs, resulting in a negative EPS of Rs. (0.01). The auditor (R K Bhalla & Co.) issued an unmodified review opinion but flagged several emphasis-of-matter items including FEMA non-compliance on overseas receivables, unbooked interest on related-party loans and borrowings (each at 9.25%), a four-year-old default in PF and labour welfare fund payments, and unrevised land valuation since FY22. The company also changed its statutory auditor from M/s Ravi Ranjan & Co. LLP to R K Bhalla & Co. during the year.

Likely market impact

Short-term shareholder sentiment is likely weak given the sharp revenue fall, swing to loss, and multiple auditor flags on related-party interest accounting and overdue statutory dues. Investors should watch for clarity on monetisation plans and whether the company books the unrecorded interest income/expense in coming quarters, as these omissions affect reported earnings quality.