Restile Ceramics Limited reported a reduced net loss of Rs 10.92 lakh for Q1, down from Rs 23.65 lakh year-on-year. Revenue increased by 49% to Rs 75.30 lakh. However, auditors raised concerns about the company's ability to continue as a going concern, citing negative cash flows and substantial losses. In response, the company announced new appointments including Secretarial Auditors and an Internal Auditor, and plans for operational restructuring.