
RLF Ltd Declares Standalone Unaudited Financial Results for Q2 FY27
RLF Limited announced its standalone unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results during a meeting held on November 13, 2026. The company's auditor, R K Bhalla & Co., has issued a limited review report. The report highlights certain matters, including amounts receivable from debtors beyond FEMA limits, the adoption of a revaluation model for a land parcel resulting in a revaluation gain in the previous quarter, and the non-booking of interest income on certain loans and advances. Additionally, the auditor noted delays in statutory liability payments without provision for interest and penalty. The financial results were prepared in accordance with Indian Accounting Standard 34.
Key Highlights
- RLF Ltd announced standalone unaudited financial results for Q2 FY27.
- Board of Directors approved the financial results on November 13, 2026.
- Auditor's report notes FEMA non-compliance for certain debtors.
- Revaluation gain on land booked in the previous quarter.
- Issues noted regarding unbooked interest income and statutory liability payments.
Price Impact
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