Radaan Mediaworks Declares Unaudited Q1 FY27 Results

Radaan Mediaworks India Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 13, 2026. The company's auditor issued a qualified conclusion, highlighting a material uncertainty related to going concern due to eroded net worth, excess current liabilities over assets, and outstanding statutory dues of ₹377.71 lakhs. The auditor also noted that the parent's investment in its wholly-owned subsidiary, Radaan Media Ventures Pte. Ltd., amounting to ₹9.35 lakhs, and loans/advances of ₹18.46 lakhs, have not been tested for impairment. The subsidiary's financial statements were prepared based on management-certified information and were not reviewed by their auditor.