StockWatch
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Other Textile Products
Board Meeting11 Aug 2026, 04:52 pm

RSC International Ltd Declares Unaudited Standalone Results for Q1 FY27

AI Summary

RSC International Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results along with the Limited Review Report from DGMS & Co. Chartered Accountants. 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

  • Unaudited standalone financial results for Q1 FY27 declared.
  • Board approved results and limited review report.
  • Auditor issued a qualified conclusion.
  • Concerns raised about going concern ability.
  • Net loss of ₹1,119.22 Thousand reported for the quarter.