The Audited Financial Results of the Company and Independent Auditors Report for the Quarter and Year ended as on 31st March, 2026, was reviewed and recommended to the Board by the Audit ....
Awaiting price reaction for this filing.
Revati Media Ltd reported audited standalone financial results for Q4 and FY ended March 2026. The company posted a net loss of Rs. 30.72 lakhs for the year, with total comprehensive loss of Rs. 10.55 lakhs for Q4. The auditor issued a Qualified Opinion citing non-write-off of fixed assets (Rs. 52.35 lakhs) taken over by Maharashtra State Financial Corporation in 1998, along with unresolved secured loans from MSFC (Rs. 1.03 crore) and SICOM (Rs. 16.24 lakhs). Balance sheet shows negative Other Equity of Rs. 241.98 lakhs and total assets of Rs. 254.97 lakhs. Cash flow from operations remained negative at Rs. 18.36 lakhs. Management states the exact payable amount cannot be ascertained due to absence of relevant data from the financial institutions.
The qualified opinion highlights material asset and liability discrepancies that could mislead shareholders. The company's negative equity and recurring losses signal significant financial stress, though the exact impact on stock price remains uncertain given the thin trading volume of this micro-cap.