Persuant to SEBI circular dated 31.12.2024 and BSE notice no 20250402-15 dated 02.04.2025 , please find enclosed integrated filing -financial in pdf format for the quarter and year ended 31.03.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Triveni Glass Limited has submitted its audited financial results for Q4 and full year ending 31 March 2025. The company has been shut down since February 2021 and reported zero revenue from operations, with total income of just Rs. 100.20 lakhs in FY25 (entirely from 'other income') versus Rs. 456.48 lakhs in FY24, a sharp 78% decline. Net profit collapsed to Rs. 8.83 lakhs in FY25 from Rs. 287.23 lakhs in FY24. The balance sheet remains deeply stressed with negative net worth of Rs. (1,471.78) lakhs and outstanding borrowings of Rs. 18.72 crores. Auditors Amit Ray & Co. issued an unmodified (clean) opinion. Related party transactions with promoter group entities were disclosed.
This is essentially a non-operating, debt-laden shell company dependent on miscellaneous other income, with negative net worth and negative operating cash flows. Shareholders face significant going concern risk — the company has been idle for over 4 years with no clear path back to operations, and high borrowings against wiped-out equity are a major red flag.