This is to inform that Board has considered and approved the Audited Financial result for the quarter/ year ended 31st March 2025.
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Awaiting price reaction for this filing.
RSC International Ltd's Board approved its audited FY25 results on May 30, 2025. The company reported a total income of Rs 155 lakh for the full year ended March 31, 2025, against a net loss of Rs 26.10 lakh for the year (vs a loss of Rs 6.68 lakh in FY24). EPS stood at negative Rs 0.45 for the year. The statutory auditor, DGMS & Co., issued a Qualified Opinion on the results — the second consecutive year with such a qualification. The auditor flagged serious going concern doubts, noting erosion in net worth and continuous cash losses over many years. A key audit matter highlighted a significant misclassification of share application money and calls in arrears (around Rs 3.48 crore) that had been wrongly adjusted against debtors in earlier periods, which has now been corrected.
Negative for shareholders — the qualified opinion, persistent losses, eroded net worth, and negative operating cash flow (Rs 47.39 lakh used) raise serious doubts about the company's ability to continue as a going concern. Investors should view this stock with high caution given the financial distress signals.