RSC International FY26 net loss at ₹3,161.25 thousand

rsc international has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 22, 2026. The company reported a significant decline in total income and widened its net loss for the fiscal year.

Financial Performance for FY26

For the financial year ended March 31, 2026, the company reported a total income of ₹990.87 thousand, a sharp decrease from ₹15,600.63 thousand in the previous year. Total expenses for the year stood at ₹4,152.13 thousand, compared to ₹18,210.55 thousand in FY25. Consequently, the net loss for the period widened to ₹3,161.25 thousand from ₹2,609.93 thousand in the prior year.

The basic and diluted earnings per share (EPS) for FY26 were reported at -0.55, compared to -0.45 in the previous year. For the quarter ended March 31, 2026, the company recorded a net loss of ₹709.25 thousand with an EPS of -0.12.

Balance Sheet and Cash Flow

As of March 31, 2026, the company's total assets stood at ₹2,279.70 thousand, down from ₹8,603.82 thousand a year earlier. The equity share capital remained unchanged at ₹5,749.70 thousand, while total equity turned negative at -1,326.71 thousand. Total liabilities were reported at ₹3,606.41 thousand.

The cash flow statement indicated a net decrease in cash and cash equivalents of ₹31.37 thousand for the year. Cash generated from operations was negative at ₹461.22 thousand, while financing activities provided ₹429.86 thousand.

Auditor's Report

The statutory auditors, D G M S & Co., issued a qualified opinion on the standalone financial results. The qualification highlights that the company continues to prepare its accounts on a going concern basis despite an erosion in net worth and the incurrence of cash losses over the last many years. The auditors noted that these conditions cast significant doubt on the company's ability to continue as a going concern.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.70%	+7.76%	-12.48%	-55.67%	-43.06%	+604.62%

RSC International Limited has received an Administrative Warning Letter from the Securities and Exchange Board of India (SEBI), bearing reference no. HO/49/13/11(146)2026-CFD-SEC3 I / 7865/2026, dated March 25, 2026. The disclosure was made by the company to BSE Limited on May 08, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations").

Nature of Non-Compliances Identified by SEBI

During its examination of RSC International, SEBI identified two specific regulatory violations. The warning letter, issued by the Deputy General Manager of the Supervision Enforcement and Complaints (SEC-3) division under the Corporation Finance Department (CFD), details the following lapses:

Non-Compliance:	Details
Disclosure Delay:	Failure to disclose reclassification within twenty-four hours of completion of open offer or scheme of arrangement, in violation of Regulation 31A(10)(ii) of the SEBI LODR Regulations
Structured Digital Database:	Failure to maintain a Structured Digital Database as required under Regulation 3(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015

SEBI noted that these non-compliances have been viewed seriously and warned the company to exercise caution in future to avoid recurrence of such lapses. The regulator further stated that any repetition of such violations would be viewed seriously and appropriate enforcement action would be initiated in accordance with the provisions of the SEBI Act, 1992, and the Rules, Regulations, or Circulars issued thereunder.

Regulatory Directions Issued to the Company

As part of the Administrative Warning, SEBI has issued the following directions to RSC International:

Place the warning letter before the Board of Directors at its next meeting
Disclose the communication to the recognized stock exchange(s) in terms of LODR Regulations
Rectify all identified deficiencies within 90 days from the date of receipt of the communication

The company, in its disclosure signed by Shailesh Agrawal, Managing Director (DIN: 06597393), confirmed that it is taking necessary corrective steps to address the observations and ensure compliance with the applicable regulatory requirements.

Company Response

RSC International has acknowledged the receipt of the SEBI warning letter and stated that corrective measures are being undertaken. The disclosure was addressed to the Department of Corporate Services at BSE Limited, in line with the regulatory obligation to inform stock exchanges of material developments. The company's compliance officer, Ms. Ramdulari Saini, was specifically named in SEBI's communication as the point of contact for the matter.