BSETriveni Glass Ltd-$LowNeutral
Announced Thu, 8 May · 15:11 IST

In pursuance of applicable clauses of Listing Regulations, this is to inform you that in the meeting of the Board of Directors of the Company- Triveni Glass Limited held on Thursday, 08th ....

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Triveni Glass Limited's Board met on 8th May 2025 and approved audited standalone financial results for Q4 and FY ended 31 March 2025, along with a shift in registered office from 1-Kanpur Road, Allahabad to 14-B, Minto Road, Allahabad (Prayagraj). FY25 performance was very weak: total income collapsed to Rs. 100.20 lakhs from Rs. 456.48 lakhs in FY24 (a ~78% drop), and net profit fell sharply to just Rs. 8.83 lakhs versus Rs. 287.23 lakhs last year. EPS shrank to Rs. 0.07 from Rs. 2.28. Q4 FY25 turned into a loss of Rs. 14.15 lakhs versus a Rs. 287.23 lakh profit in Q4 FY24. The company's balance sheet shows negative other equity of Rs. (2,733.72) lakhs and borrowings of Rs. 1,872.02 lakhs. Operations have been shut since February 2021, leaving the company dependent only on other income.

Likely market impact

Shareholders should note the steep revenue decline, return to quarterly loss, negative reserves, and the fact that the company remains a non-operating entity reliant on other income. The registered office shift is administrative and has no direct financial impact.