#Latest news with #RKFLEconomic Times12-05-2025BusinessEconomic TimesHow ‘net worth' has become the new gift wrap for bad newsIn a development that has raised eyebrows on Dalal Street, Kolkata-based Ramkrishna Forgings Ltd (RKFL) recently announced discrepancies in its inventory — not in absolute numbers, but in terms of net worth. This unconventional mode of disclosure has drawn criticism from analysts and accounting professionals for its potential to obscure the true financial impact on the company. In an exchange announcement last month, RKFL stated that during an
Economic Times12-05-2025BusinessEconomic TimesHow ‘net worth' has become the new gift wrap for bad newsIn a development that has raised eyebrows on Dalal Street, Kolkata-based Ramkrishna Forgings Ltd (RKFL) recently announced discrepancies in its inventory — not in absolute numbers, but in terms of net worth. This unconventional mode of disclosure has drawn criticism from analysts and accounting professionals for its potential to obscure the true financial impact on the company. In an exchange announcement last month, RKFL stated that during an