RVHLNSERavinder Heights LimitedMediumNeutral
Announced Fri, 11 Apr · 14:14 IST

The Exchange had sought clarification from Ravinder Heights Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results submitted is not as per format prescribed under Schedule III of the Companies Act, 2013. The response of the Company is enclosed.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ravinder Heights Limited responded to NSE's clarification queries on its Q3 FY25 (quarter ended Dec 31, 2024) financial results submission. The exchange had flagged that the results were not in machine-readable form, not in the format prescribed under Schedule III of the Companies Act 2013, and EPS was missing from the standalone and consolidated XBRL filings. The company re-filed the revised XBRL with EPS figures and shared the acknowledgment. For Q3 FY25, consolidated revenue from operations was Rs 14.01 lakh and the company posted a consolidated loss after tax of Rs 115.39 lakh, while standalone loss after tax was Rs 1.91 lakh. For the nine-month period (Apr-Dec 2024), consolidated loss after tax stood at Rs 162.87 lakh and standalone at Rs 27.03 lakh. The statutory auditor (Dewan P N Chopra & Co) issued an unqualified review report on both standalone and consolidated results.

Likely market impact

The filing is essentially a procedural compliance update rather than fresh news, so limited direct price impact is expected. However, the company continues to report losses on a consolidated basis with negligible operating revenue, which highlights weak core business performance and may weigh on investor sentiment.