Real Growth Corporation Ltd
Real Growth Corporation Ltd Reports Q2 FY27 Net Loss of (48.65) Lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 03 Nov 2026, 05:31 PM IST · BSE ID: a384074f-30a9-4d74-ad5f-d040af252a02
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss for the last quarter and faces uncertainty recovering a significant refund from a stalled project.
🤖 AI Summary
- Real Growth Corporation Ltd reported a net loss of (48.65) Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
- Total Income for Q2 FY27 was 27.17 Lakhs, decreasing from 73.85 Lakhs in Q1 FY27.
- The company has a refund receivable of 4,108.11 Lakhs from a project undergoing Corporate Insolvency Resolution Process (CIRP).
- Auditors highlighted the company's shares were previously suspended by BSE, with trading suspension revoked on June 25, 2024.
- Basic Earnings per Share (EPS) for Q2 FY27 stood at (1.22) Rs. per share, down from 0.09 Rs. in Q1 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the period after tax (Q2 FY27)
(48.65) Lakhs
Not comparable — limited prior period data.
Total Income (Q2 FY27)
27.17 Lakhs
Not comparable — limited prior period data.
Basic Earnings per share (Q2 FY27)
(1.22) Rs
Not comparable — limited prior period data.
Refund receivable as at Sep 30, 2026
4,108.11 Lakhs
Total Assets as at Sep 30, 2026
4,222.90 Lakhs
🏢 How This Affects the Company
The minimal revenue from operations (26.00 Lakhs) and reliance on 'Other Income' indicate a limited active business operation for the period.
The reported net loss for Q2 FY27 and the substantial refund receivable tied to a CIRP-affected project pose a significant financial recovery challenge. Current liabilities exceeding equity also indicate pressure.
The substantial refund receivable of 4,108.11 Lakhs from a company undergoing CIRP represents a high recovery risk, impacting future cash flows and financial stability. The past BSE suspension also indicates regulatory scrutiny.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of (48.65) Lakhs and the uncertainty surrounding the 4,108.11 Lakhs refund receivable.
🔍
Management Signal
The filing reflects management's commitment to regulatory compliance by disclosing unaudited financial results and highlighting significant contingent assets.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — monitor trends in revenue and profitability.
Updates on the Corporate Insolvency Resolution Process (CIRP) for Rajesh Projects (India) Private Limited.
Future disclosures regarding the recoverability of the 4,108.11 Lakhs refund receivable.
HIGH RISK
Significant receivable (4,108.11 Lakhs) from a company in CIRP poses high recovery risk.
💡 Investor Takeaway
Real Growth Corporation Ltd reported a net loss of (48.65) Lakhs for Q2 FY27, with Total Income at 27.17 Lakhs. A significant refund receivable of 4,108.11 Lakhs is from a company undergoing CIRP, introducing recovery uncertainty.
⚖️ Strengths & Concerns
⚠️ Concerns
- Net Loss for Q2 FY27 was (48.65) Lakhs, contrasting with a profit of 3.75 Lakhs in the preceding quarter (Q1 FY27).
- A refund receivable of 4,108.11 Lakhs is subject to a Corporate Insolvency Resolution Process, making its recoverability uncertain.
📅 Company Track Record
No previous filings found for Real Growth Corporation Ltd to establish historical context for financial performance or significant events. The auditor's report noted that the suspension of trading in the company's shares by BSE was revoked on June 25, 2024.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Real Growth Corporation Ltd's net profit/loss for Q2 FY27?
Real Growth Corporation Ltd reported a net loss of (48.65) Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What was the Total Income for Real Growth Corporation Ltd in Q2 FY27?
The Total Income for Real Growth Corporation Ltd was 27.17 Lakhs for the quarter ended September 30, 2026 (Q2 FY27).
What is the status of the refund receivable mentioned in the filing?
A refund receivable of 4,108.11 Lakhs is due from M/s Rajesh Projects (India) Private Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP).
What was the Basic Earnings per Share (EPS) for Real Growth Corporation Ltd in Q2 FY27?
The Basic Earnings per Share for Real Growth Corporation Ltd in Q2 FY27 was (1.22) Rs. per share.
Did Real Growth Corporation Ltd have any outstanding defaults on loans as of September 30, 2026?
Real Growth Corporation Ltd reported NIL outstanding defaults on loans/revolving facilities from banks/financial institutions as of September 30, 2026.
Questions based on this BSE filing only. For information purposes.