Submission of Newspaper cutting of publication of financial results quarter ended june 2024.
Awaiting price reaction for this filing.
RCI Industries & Technologies Ltd submitted newspaper clippings of its Q1 FY25 (June 30, 2024) unaudited consolidated financial results, published in Financial Express and Jansatta on September 27, 2025. Revenue from operations stood at Rs 13.23 lakhs, sharply lower than Rs 86.37 lakhs in the year-ago quarter and Rs 24.43 lakhs in Q4 FY24. Total income was Rs 16.85 lakhs versus Rs 108.57 lakhs a year earlier. The company reported a net loss of Rs 157.93 lakhs, slightly narrower than the Rs 241.21 lakhs loss in Q1 FY24. Basic and diluted EPS was Rs (1.01). The results were signed by the Resolution Professional as the company is currently under the Corporate Insolvency Resolution Process (CIRP).
These delayed unaudited results confirm continued losses, eroding revenue, and deeply negative equity for shareholders. With the company under CIRP and the resolution plan awaiting NCLT approval, stock price remains highly speculative and existing shareholders face significant dilution or wipeout risk depending on the resolution outcome.