Audited Financial Results for Quarter and Year Ended 31.03.2025
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Ventura Textiles has reported audited results for FY25 showing a massive collapse in operations. Total income fell sharply from Rs 12,707 lakhs in FY24 to just Rs 44 lakhs in FY25, as the company sold its Land & Building and entire plant & machinery in the previous year and wound down manufacturing. The company swung from a profit of Rs 943 lakhs in FY24 to a loss of Rs 117 lakhs in FY25, with a tiny loss of Rs 0.43 per share for the quarter. The balance sheet shows deeply negative other equity of Rs (2,887) lakhs against share capital of Rs 1,945 lakhs, meaning accumulated losses have wiped out shareholder value. The statutory auditor (Govind Prasad & Co.) issued an unmodified opinion but specifically flagged going concern considerations given the company has ceased manufacturing and may need to restart activities to remain viable.
This is effectively a company in transition with no active business — the stock is likely to remain thinly traded and speculative. Shareholders face significant risk as net worth is negative and the future business direction is unclear; any restart of textile operations will require fresh capital and carries high execution risk.