RSC International reports zero revenue and negative net worth

RSC International ended FY26 with no revenue, a ₹31.61 lakh loss, and a balance sheet that has crossed into negative net worth. At ₹13.27 lakhs in the red, the company's liabilities now exceed its assets. Most telling is the cash pile, which sits at a near-empty ₹4,990. This is the third year the statutory auditor has qualified its opinion, explicitly noting that the firm lacks the financial backing to continue as a going concern. For a nano-cap company valued at ₹15 crores, these figures signal a terminal phase of financial distress. The board meeting outcome provides no roadmap for recovery. What remains is a company with no sales, no liquidity, and a recurring audit qualification that has become a permanent feature of its financial reporting.