RCRGF Capital Markets539669Quarterly results

Board approved internal auditor for FY 2026-27; unaudited H1 net loss at Rs. 36.90 lakh

Board approved M/s. Parikh & Associates (FRN: 146545W) as Internal Auditors for FY 2026-27.

By ScoutQuest · Fri 23 Oct 2026, 7:28 PM IST · 2 min read

Half Year Revenue

Rs. 46.56 lakh

Half Year Net Loss

Rs. 36.90 lakh

Quarter Net Loss

Rs. 42.40 lakh

What the board approved

• M/s. Parikh & Associates, Chartered Accountants (FRN: 146545W), was approved as the Internal Auditors of the company for the Financial Year 2026-27.
• The approval was given by the Board at its meeting held on 23rd October 2026.
• The firm is described as having a team of 35+ specialists, including qualified Chartered Accountants, and works in areas such as statutory audits, internal audits, risk management, due diligence, tax planning and regulatory compliance.

Results approved at the same meeting

• Unaudited standalone financial results for the quarter and half year ended 30th September 2026 were approved. The limited review report on them was issued by Arun Jain & Associates, Chartered Accountants.
• Total revenue: Rs. 26.42 lakh for the quarter and Rs. 46.56 lakh for the half year.
• Net loss for the period: Rs. 42.40 lakh for the quarter and Rs. 36.90 lakh for the half year.
• Other expenses for the quarter were Rs. 58.33 lakh, and these include Rs. 45.72 lakh of ROC update fees. The company increased its authorised share capital during the quarter from Rs. 1,550.00 lakh to Rs. 7,000 Lakhs, in shares of face value Re. 1 each, and this fee is linked to that increase.
• Employee benefits expense for the quarter: Rs. 6.92 lakh. Finance costs: Rs. 0.23 lakh.
• Basic and diluted EPS: Rs. (0.03) for the quarter and Rs. (0.02) for the half year. Face value per share: Re. 1.00.

Balance sheet and cash position

• Total assets as at 30.09.2026: Rs. 1,651.11 lakh, against Rs. 1,562.15 lakh as at 31.03.2026 (audited).
• Within assets, loans (net) were Rs. 1,149.40 lakh and cash and cash equivalents Rs. 474.37 lakh.
• Total equity as at 30.09.2026: Rs. 1,350.53 lakh, of which equity share capital is Rs. 1,500.24 lakh.
• Borrowings stood at Rs. 110.23 lakh as at 30.09.2026.
• For the half year, net cash used in operating activities was Rs. 56.56 lakh, while proceeds from borrowings were Rs. 110.23 lakh.

How a retail investor might read this

• An internal auditor appointment is an annual appointment decision; the disclosure sets out the firm's registration number and a profile of its practice and team size.
• The loss for the quarter sits alongside a one-time ROC update charge of Rs. 45.72 lakh, so readers may want to separate that charge from the company's usual expense run-rate when reading the numbers.
• The company operates in a single segment, Non Banking Financial Services, and its balance sheet is dominated by loans (net) of Rs. 1,149.40 lakh and cash of Rs. 474.37 lakh.

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