Radiant Cash Management (RCMS) reported Q1 results, showing revenue growth despite macro challenges. Acemoney, its fintech subsidiary, completed a vendor transition, resuming rollout and targeting 70,000+ new POS this FY. Transaction volume grew 94% sequentially to ₹410 Cr. Total cash handled reached ₹42,240 Cr. Gross cash losses were ₹1.64 Cr (0.004% of cash handled), with P&L charge only ₹0.365 Cr due to strong risk management. RCMS is reorienting as a sales organization, confident of healthy growth ahead across its verticals like RVL and RIC.
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