Rich Universe Network returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹49.98 lakh compared to a net loss of ₹29.32 lakh in the previous year. The turnaround was driven by a significant increase in other income, which rose to ₹74.92 lakh from ₹2.51 lakh in FY25, while revenue from operations remained nil. The board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 29, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company posted a net profit of ₹68.17 lakh, a sharp increase from the net loss of ₹16.78 lakh recorded in the same quarter of the previous year. Total income for the quarter stood at ₹74.79 lakh, entirely derived from other income. Total expenses for the quarter decreased to ₹6.44 lakh from ₹16.78 lakh in the corresponding prior period. Earnings per share (EPS) for the year improved to ₹0.69 from a negative ₹0.40 in the previous year.

Key Financial Metrics

Governance and Appointments

The board appointed Mrs. Astha Chaturvedi, the Company Secretary, as the internal auditor for the financial year 2026-27 based on the Audit Committee's recommendation. The appointment is effective from May 29, 2026. The statutory auditor, M/s. Srivastava S And Co., issued an unmodified report on the standalone financial results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Balance Sheet Highlights

The company’s total assets increased to ₹1982.27 lakh as of March 31, 2026, from ₹1918.73 lakh in the previous year. Equity attributable to shareholders rose to ₹759.23 lakh from ₹709.26 lakh. Trade receivables decreased to ₹821.34 lakh from ₹835.33 lakh, while cash and cash equivalents improved to ₹3.45 lakh from ₹2.79 lakh.

Rich Universe Network Limited has informed BSE of an upcoming Board of Directors meeting scheduled for Friday, 29 May 2026, at 3:45 P.M., to be held at its registered office located at 2nd Floor, 7/125, C-2, Swaroop Nagar, Kanpur – 208002. The meeting has been convened pursuant to Regulation 29 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. The intimation was dated 11 May 2026 and signed by Managing Director Shashwat Agarwal (DIN: 00122799).

Board Meeting Agenda

The key matters to be taken up at the forthcoming board meeting are outlined below:

The primary agenda of the meeting is to consider and approve the audited financial results of the company for the quarter and full year ended 31 March 2026.

Trading Window Closure

In compliance with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading in Securities by Designated Persons, the Trading Window for dealing in the securities of the company has been closed for all designated persons, including insiders, with effect from 1 April 2026. The Trading Window will reopen 48 hours after the financial results are published.

This regulatory measure ensures that designated persons are restricted from trading in the company's securities during the period when unpublished price-sensitive information relating to the financial results may be in circulation.