StockWatch
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Other Textile Products
Board Meeting11 Aug 2026, 05:01 pm

RSC International Ltd Declares Unaudited Q1 FY27 Results

AI Summary

RSC International Ltd announced the outcome of its Board Meeting held on August 11, 2026, wherein the Unaudited Standalone Financial Results for the quarter ended June 30, 2026, were approved. The results were accompanied by a Limited Review Report from the Statutory Auditors, DGMS & Co. The auditor's report highlighted a qualified conclusion due to erosion in Net Worth and continuous cash losses over several years, indicating a material uncertainty about the company's ability to continue as a going concern. The company incurred a net loss of ₹1,119.22 Thousand and had a negative Net Worth of ₹1,291.71 Thousand as of June 30, 2026. The auditor noted that the company failed to adequately disclose this material uncertainty in its financial results.

Key Highlights

  • Board approved Unaudited Standalone Financial Results for Q1 FY27.
  • Auditor issued a Limited Review Report with a qualified conclusion.
  • Material uncertainty exists regarding the company's going concern status.
  • Company incurred net loss of ₹1,119.22 Thousand in Q1 FY27.
  • Negative Net Worth of ₹1,291.71 Thousand as of June 30, 2026.