Please find enclosed herewith the financial results, Statement of Assets and Liabilities, Cash Flow Statement, Auditors Report, Statement of Impact of Audit Qualification for the year ended ....
Awaiting price reaction for this filing.
Revati Media Ltd reported negligible revenue from operations of just Rs. 0.10 lakh for FY25, with total income of Rs. 17.70 lakhs coming almost entirely from 'Other Income.' Total expenses stood at Rs. 27.81 lakhs, leading to a net loss of Rs. 27.81 lakhs (an improvement from Rs. 41.86 lakhs loss in FY24). The company's reserves and surplus remain deeply negative at Rs. (211.26) lakhs against share capital of Rs. 300 lakhs, giving a net worth of just Rs. 88.74 lakhs. Borrowings rose to Rs. 170.85 lakhs from Rs. 142.25 lakhs a year earlier, while cash and cash equivalents are barely Rs. 0.30 lakh and operating cash flow was negative at Rs. (28.83) lakhs. The statutory auditor issued a qualified opinion, flagging that fixed assets worth Rs. 52.36 lakhs (taken over by Maharashtra State Financial Corporation back in 1998) and related secured loans from MSFC (Rs. 1.04 crore) and SICOM (Rs. 16.24 lakhs) have not been written off or reconciled.
The company has virtually no operating business, deeply negative reserves, and rising debt against a paper-thin net worth, which together raise serious going-concern doubts. The qualified audit opinion adds to investor risk, making this a high-risk, low-quality earnings update for shareholders.