Birla TransAsia Carpets FY23 Nil Revenue, Negative Networth

Birla TransAsia Carpets (BSE: 503823) filed standalone FY2023 results showing nil revenue from operations for both Q4 and full year.
Net loss narrowed to ₹0.02 lakh in FY2023 vs ₹1.07 lakh in FY2022; total assets stood at ₹230.34 lakh against current liabilities of ₹2,931.65 lakh.
Company carries deeply negative net worth with no property, plant & equipment, no inventory, and no subsidiaries, indicating a dormant operational status.
Multiple statutory dues including excise duty, sales tax, TDS, SEBI listing fees, and ESI contributions remain unpaid, some dating back to 1985-86.