Royal Cushion Vinyl Products Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a substantial loss of ₹601.58 lakh for the September quarter and ₹1,114.85 lakh for the half-year ended September 30, 2026. The net worth of the company as of September 30, 2026, stands at a negative ₹2,259.84 lakh, raising concerns about its going concern status.
Financial Performance Overview
Royal Cushion Vinyl Products Limited has disclosed its standalone unaudited financial results for the quarter and half-year ended September 30, 2026. The company’s performance indicates a challenging financial period, with significant losses reported.
Quarterly and Half-Yearly Results
For the quarter ended September 30, 2026, the company registered a loss of ₹601.58 lakh. This compares to a loss of ₹513.27 lakh in the corresponding period of the previous year. The total comprehensive income for the quarter was a loss of ₹512.35 lakh.
The results for the half-year ended September 30, 2026, show a more pronounced loss of ₹1,114.85 lakh, against a loss of ₹1,116.01 lakh in the same period of the prior year. The total comprehensive income for the half-year also reflected a loss of ₹1,116.01 lakh.
Statement of Assets and Liabilities
As at September 30, 2026, the company’s balance sheet reveals a negative net worth. The total equity and liabilities stood at ₹7,803.46 lakh, while the total assets amounted to ₹7,803.46 lakh. The ‘Other Equity’ is reported as a negative ₹6,330.41 lakh.
The auditor’s report highlights a material uncertainty related to going concern, citing the negative net worth of ₹2,259.84 lakh as at September 30, 2026. The management’s evaluation and plans to address this situation are detailed in Note 6 of the financial statements.
Source: BSE
