Rajeswari Infrastructure Limited has reported a standalone net loss of ₹0.03 crore (₹3.02 lakhs) for the first quarter of fiscal year 2025 (Q1 FY25). The company posted negligible total standalone revenue of ₹0.03 lakhs during the same period. This marks a significant 40% year-on-year decline in revenue, which stood at ₹0.05 lakhs in Q1 FY24. For the full fiscal year FY25, the company recorded a net loss of ₹0.09 crore (₹9.11 lakhs) on total revenue of ₹0.05 crore (₹5.08 lakhs).
Serious Doubts Over Financials
The company’s statutory auditors have issued a disclaimer of opinion, stating they could not obtain sufficient evidence to verify most of Rajeswari Infrastructure’s assets, liabilities, and income. This means the…