Unaudited Results
Awaiting price reaction for this filing.
The board of RCC Cements Ltd approved standalone unaudited financial results for the quarter ended 30 June 2025. Total income collapsed to just Rs 0.17 lakh from Rs 2.05 lakh in the same quarter last year, a sharp drop of roughly 92%. The company posted a net loss of Rs 3.38 lakh, wider than the Rs 2.49 lakh loss a year ago, and reserves are deeply negative at minus Rs 244.90 lakh. The auditor issued an Emphasis of Matter flagging capital advances of Rs 3.74 crore that remain unconfirmed by the party. The company has not paid BSE annual listing fees since 2018-19, and its shares now trade only on a Trade-for-Trade basis once a week; the last trade was on 24 September 2024. Additionally, several promoters, including Mr. Yogesh Jain and related entities, have requested reclassification from Promoter to Public category, to be taken up at the next board meeting.
Near-zero revenue, widening losses, eroded reserves, unpaid listing dues and near-frozen share trading point to serious financial distress and weak liquidity, making this a high-risk situation for shareholders.