RMCLNSERadha Madhav Corporation Limited· PackagingHighNeutral
Announced Thu, 5 Feb, 2026 · 12:00 IST
RMCL FY23 audited results: net loss of 218M, revenue down 49%
Revenue DeclinePat NegativeEbitda Margin CompressionNegative Operating CashflowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
RMCL FY23 revenue fell to 1.76 million from 3.42 million, a 49% decline. Net loss widened sharply to 218.15 million from 6.73 million, driven by other expenses jumping to 208.95 million. Equity remains negative at 82.75 million. Company notes change in promoters and management, stating prior year figures are not comparable. Operating cash flow was negative at 536.05 million. Auditor gave a clean opinion.
Likely market impact
Significant losses, negative equity, and weak cash flow raise concerns about financial health despite management change.