Attached please find the Audited financial results of the Reliable Ventures India Ltd. for the qtr and 12 months ended 31-03-2025. the net worth is Rs. 31.36 crores. but the net worth ....
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Reliable Ventures India Ltd reported its audited FY25 results showing total income of Rs. 154.64 lacs versus Rs. 255.56 lacs in FY24, a sharp drop of roughly 40%. The company continued to post a loss of Rs. 68.08 lacs for the year (vs Rs. 152.57 lacs loss in FY24). Net worth stands at Rs. 31.36 crores and operating cash flow turned negative at Rs. -53.63 lacs versus a positive Rs. 184.93 lacs last year. Cash on hand fell steeply from Rs. 85.30 lacs to Rs. 10.12 lacs. The auditor issued an otherwise unmodified opinion but added a critical Emphasis of Matter note stating the company has no business plan and does not intend to undertake business activity in the near future, so the accounts have been prepared on a non-going concern basis. The board has not recommended any dividend for FY25.
Extremely negative for shareholders — the auditor has formally flagged the company as a non-going concern with no future business plans, signaling possible wind-down or liquidation risk. Combined with revenue collapse, persistent losses, drying-up cash, and negative operating cash flow, the stock faces serious fundamental headwinds and may remain illiquid.