BSETriveni Glass Ltd-$MediumNeutral
Announced Thu, 7 May · 17:42 IST

The BOD of the Company on 07.05.2026 have approved the audited standalone financial results of the company .

Revenue DeclinePat NegativeGoing ConcernDebt Equity ThresholdResults View source PDF

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

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AI summary

Triveni Glass Limited reported zero revenue from operations as the company has been non-operational since February 2006. Total income declined significantly to Rs. 38.65 lakhs from Rs. 100.20 lakhs in the previous year, a drop of about 61%. The company posted a net loss of Rs. 74.57 lakhs compared to a profit of Rs. 8.83 lakhs in FY2025. Other income came from selling fixed assets and interest income. The balance sheet shows negative equity of Rs. 1,545.89 lakhs, meaning liabilities exceed assets. Outstanding borrowings stand at Rs. 18.72 crores. Statutory auditors Amit Ray & Co. issued an unmodified (clean) opinion on the financial results.

Likely market impact

The company is essentially a shell with no operations and mounting losses, which is highly concerning for shareholders. The negative equity position indicates the company is technically insolvent. Any recovery would depend entirely on asset sales or other restructuring measures.