The standalone audited financial results of the company for the quarter and year ended 31.03.2025 were considered and approved at the board meeting held on Thursday ,08.05.2025 at Hotel ....
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Triveni Glass Limited submitted its audited standalone results for Q4 and FY25, approved by the board on 8 May 2025. Revenue from operations is virtually nil at Rs. 1.20 lakh in FY25, compared to Rs. 1,614.43 lakh in FY24 — the company has been shut since February 2021 and only earns 'other income' (Rs. 100.20 lakh vs Rs. 456.46 lakh prior). Net profit fell sharply to Rs. 8.83 lakh from Rs. 287.23 lakh last year, propped up entirely by other income. The balance sheet shows deeply negative equity of Rs. (1,471.78) lakh due to accumulated losses of Rs. 2,733.72 lakh, with borrowings of Rs. 1,872.02 lakh and almost no cash. Operating cash flow was negative at Rs. (52.82) lakh. Auditor Amit Ray & Co. issued an unmodified opinion.
The stock remains effectively a non-operating shell with wiped-out equity and no core business — the only 'profit' comes from other income. Shareholders face severe going-concern risk: negative net worth, ceased operations since 2021, and debt that dwarfs available cash. The unmodified auditor opinion offers no comfort here as the financial structure itself signals distress.