Please find enclosed herewith the Un-audited financial results for the quarter ended as on June 30, 2025 along with the Limited review report issued by the Statutory Auditor. Please ....
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Revati Media Ltd (formerly Revati Organics Limited) reported zero revenue from operations and no other income for Q1 FY26, same as Q1 FY25 (₹0.01 lakh). Total expenses stood at ₹5.99 lakhs, mainly employee costs (₹4.40 lakhs) and other expenses (₹1.59 lakhs), leading to a net loss of ₹5.99 lakhs versus ₹6.16 lakhs in the year-ago quarter. EPS was ₹(0.20) versus ₹(0.21) earlier. The auditor (B.L. Dasharda & Associates) flagged an Emphasis of Matter: fixed assets worth ₹52.36 lakhs were taken over by Maharashtra State Financial Corporation (MSFC) way back in 1998 due to unpaid dues, and the company has not written them off, while secured loans of ₹1.04 crore (MSFC) and ₹16.24 lakhs (SICOM) remain outstanding. The Board approved the results on August 13, 2025.
Shareholders should note the company is essentially not generating any revenue, continues to post losses, and carries a long-standing unresolved liability from MSFC/SICOM that could materially affect its financial position. This raises serious concerns about the company's business viability and the accuracy of its balance sheet.