Standalone net loss for the quarter stood at ₹-3.04 Lakhs, with income plummeting by 99.13% year-over-year.
Latest Financial Results and Auditor’s Concerns
Rajeswari Infrastructure Ltd has reported significant financial challenges for the quarter ended June 30, 2024, and the fiscal year ended March 31, 2024.
For the first quarter of FY25, standalone income was a mere ₹0.05 Lakhs, leading to a net loss of ₹3.04 Lakhs. This represents a 99.13% drop in total income compared to the same period last year.
The annual results for FY24 were also weak, showing a net loss of ₹21.35 Lakhs on an income of ₹5.76 Lakhs.
The company’s statutory auditors issued a ‘Disclaimer of Opinion’, indicating they were unable to obtain sufficient appropriate…