Radha Madhav Corporation reports FY26 net loss of ₹4.04 million
Radha Madhav Corporation Limited reported a net loss of ₹4.04 million for the financial year ended March 31, 2026, reversing the net profit of ₹0.77 million in FY25. The company recorded no revenue from operations, relying on other income which fell to ₹15.23 million. For the quarter ended March 31, 2026, the net loss was ₹5.37 million compared to a profit of ₹7.91 million in the previous year.
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Radha Madhav Corporation Limited reported a net loss of ₹4.04 million for the financial year ended March 31, 2026, reversing the net profit of ₹0.77 million achieved in the previous fiscal year. The company recorded no revenue from operations during FY26, relying on other income of ₹15.23 million, which declined from ₹32.20 million in FY25. The financial performance indicates a significant contraction in operational income and overall profitability for the period.
The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditors, Ajay Shobha & Co., issued an audit report with an unmodified opinion on the results. The meeting, which commenced at 02:00 P.M. and concluded at 04:30 P.M., also took note of the Auditor's Report and a declaration signed by the Director and Chief Financial Officer.
For the quarter ended March 31, 2026, the company reported a net loss of ₹5.37 million, widening from the net profit of ₹7.91 million in the corresponding quarter of the previous year. Total income for the quarter stood at ₹2.06 million, down from ₹32.64 million in the same period last year. Expenses for the quarter were reported at ₹7.43 million, compared to ₹24.73 million in the prior year quarter.
The statement of assets and liabilities as of March 31, 2026, shows total assets at ₹148.92 million, a decrease from ₹175.27 million in the previous year. Total equity reduced to ₹11.10 million from ₹15.14 million, while total liabilities increased to ₹137.82 million from ₹160.13 million. Cash and cash equivalents decreased to ₹4.47 million as of March 31, 2026, from ₹6.39 million a year earlier.
The cash flow statement for FY26 reveals a net decrease in cash and cash equivalents of ₹1.92 million. Cash generated from operations was ₹49.46 million, while cash used in investing activities was ₹0.01 million. Net cash from financing activities was negative at ₹52.29 million, primarily due to borrowings recalled from banks. The company confirmed that there were no outstanding qualified borrowings or incremental qualified borrowings during the financial year.
| Financial Metric (₹ in millions) | FY26 | FY25 |
|---|---|---|
| Net Profit / (Loss) | (4.04) | 0.77 |
| Total Income | 15.23 | 33.60 |
| Total Expenses | 19.27 | 32.83 |
| Earnings Per Share (Basic) | (0.52) | 0.10 |
What strategic initiatives does Radha Madhav Corporation plan to implement to resume operational revenue generation in FY27?
With total equity shrinking to ₹11.10 million, does the company risk breaching regulatory net worth requirements or facing solvency issues?
How will the company manage its cash flow and liquidity given the significant reduction in cash equivalents and the recall of bank borrowings?
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