Qualified Audit Opinion for Q1 FY27, Going Concern Doubt Flagged
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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RSC International Q1 FY27 results carry a qualified auditor opinion. Net loss widened to Rs. 11.19 lakh from Rs. 7.09 lakh in Q1 FY26. Net worth is negative at Rs. 12.92 lakh. Auditor flagged material going concern doubt citing eroded net worth and continuous cash losses over several years. No revenue from operations; income only from other sources of Rs. 9.91 lakh. Total expenses stood at Rs. 32.63 lakh including exceptional items.
Serious going concern flag, qualified audit opinion, and negative net worth raise major survival risk for shareholders and signal distress.