Quarterly Result28 May 2026, 09:01 pm
Revati Media reports Q4/FY26 Audited Results with Qualified Opinion
AI Summary
Revati Media Limited submitted its audited financial results for the quarter and financial year ended March 31, 2026, approved by the Board on May 27, 2026. The statutory auditors issued a Qualified Opinion due to the company's failure to write off fixed assets (worth ₹52.36 lakhs) that were taken over by Maharashtra State Financial Corporation (MSFC) in 1998. Additionally, secured loans from MSFC (₹103.76 lakhs) and SICOM Ltd (₹16.24 lakhs) remain outstanding and unadjusted in the books. The company reported a net loss of ₹10.55 lakhs for the quarter and year ended March 31, 2026.
Key Highlights
- Audited financial results for Q4 and FY26 submitted to BSE.
- Statutory auditors issued a Qualified Opinion on the financial statements.
- Qualification relates to non-write-off of assets taken over by MSFC in 1998.
- Outstanding secured loans from MSFC and SICOM remain unadjusted.
- Company reported a net loss of ₹10.55 lakhs for the period.
Price Impact
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