Rich Universe Network Ltd Posts Results for Quarter Ending June 30, 2026
Rich Universe Network Ltd, formerly known as Rich Capital & Financial Services Limited, has released its unaudited financial results and key operational updates for the quarter ended June 30, 2026. The company's management reviewed these results following a Board meeting held on July 23, 2026.The financial performance summary for the quarter is presented in lakhs:
| Particulars | Quarter Ended 30.06.2026 (Unaudited) | Corresponding Figures Qtr ended 30.06.2025 (Audited) | Year to Date Figures (Audited) |
|---|---|---|---|
| Total Revenue from Operations | 21.09 | 0.00 | 0.00 |
| Other Income | 74.79 | 0.00 | 7292 |
| Total Income | 74.79 | 0.00 | 7492 |
| Total Expenses | 5381 | 6.4 | 2476 |
| Profit (Loss) before tax | 1528 | 68.35 | 50.16 |
| Tax Expenses | 0.00 | 0.13 | 013 |
| Profit (Loss) for the period | 15.28 | 68.17 | 49.98 |
The results show a change in Net Profit/(Loss) after tax compared to the previous year's corresponding period, with the company reporting a profit of 15.28 lakhs for Q2026 against a loss of 5.70 lakhs in Q2025.
Equity and Performance Reconciliation
Reconciliation tables detailing equity and net profit/loss were also published, comparing current figures to those from the previous year:Equity Position (Standalone Financial Results):
The Total Equity remained steady at 725.28 lakhs as of June 30th in both the 2026 and 2025 reporting periods.
Net Profit/(Loss) Reconciliation:
| Particulars | Quarter Ended On 30.06.2026 (Lakhs) | Quarter Ended On 30.06.2025 (Lakhs) |
|---|---|---|
| Net Profit/(Loss) after tax for the period | 15.28 | -5.70 |
| Total comprehensive income for the period as per IND AS | 15.28 | -5.70 |
Review and Oversight
The results, which were reviewed by the Audit Committee, were subsequently approved by the Board of Directors. The statutory auditors conducted a review of the results.The company reported that there is no significant impact on its operations based on these figures, and prior period/year-to-date figures have been regrouped and reclassified to ensure comparability with the current period's results.
Stock Price Movement
The shares of Rich Universe Network Ltd closed lower at ₹9.66 today, having declined by 4.92%. Its shares traded through a wide range during the day, testing lows down to ₹9.66 and highs reaching ₹10.65.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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