Revati Media Limited submitted its un-audited standalone financial results for the quarter and half year ended September 30, 2026 to BSE Limited pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015. The results were approved by the Board of Directors in their meeting held on November 06, 2026.
Financial Performance
Quarter Ended September 30, 2026:
- Revenue from operations: ₹0
- Other income: ₹0
- Total income: ₹0
- Total expenses: ₹5.86 lakh (Employee benefits expense: ₹5.30 lakh, Other expenses: ₹0.56 lakh)
- Loss before tax: ₹(8.56) lakh
- Tax expense: ₹0
- Loss from continuing operations: ₹(8.56) lakh
- Total comprehensive income: ₹(8.56) lakh
- Basic and diluted EPS: ₹(0.30)
Half Year Ended September 30, 2026:
- Revenue from operations: ₹0
- Other income: ₹0
- Total income: ₹0
- Total expenses: ₹13.19 lakh
- Loss before tax: ₹(15.91) lakh
- Tax expense: ₹0
- Loss from continuing operations: ₹(15.91) lakh
- Total comprehensive income: ₹(15.91) lakh
Capital Structure
- Paid-up equity share capital: ₹300.00 lakh (Face value ₹10 per share)
- Other equity (reserves): ₹(257.89) lakh as of September 30, 2026
Auditor's Emphasis of Matter
The statutory auditors, B.L. Dasharda & Associates, highlighted in their limited review report that:
- Fixed assets (Land, Building, Plant & Machinery, Electrical Installation) worth ₹52.35 lakh were taken over by Maharashtra State Financial Corporation (MSFC) pursuant to their letter dated November 18, 1998 under Section 29 of State Financial Corporations Act, 1951
- The company has not written off these assets from its books
- Secured loans outstanding: MSFC ₹103.76 lakh, SICOM Ltd ₹16.24 lakh (total ₹120.01 lakh)
- The net amount payable to MSFC and SICOM after adjusting fixed asset value is not ascertainable due to lack of relevant data
- No depreciation has been provided on these assets
Financial Position (as of September 30, 2026)
Assets:
- Non-current assets: ₹235.35 lakh (Property, plant and equipment: ₹52.36 lakh, Investments: ₹23.10 lakh, Loans and advances: ₹153.57 lakh, Other financial assets: ₹4.25 lakh, Other non-current assets: ₹2.07 lakh)
- Current assets: ₹21.88 lakh (Trade receivables: ₹10.67 lakh, Cash and cash equivalents: ₹0.68 lakh, Loans and advances: ₹1.00 lakh, Other current assets: ₹9.52 lakh)
- Total assets: ₹257.23 lakh
Liabilities:
- Equity: ₹42.11 lakh (Share capital: ₹300.00 lakh, Other equity: ₹(257.89) lakh)
- Non-current liabilities: ₹207.85 lakh (Borrowings)
- Current liabilities: ₹7.27 lakh (Trade payables: ₹7.22 lakh, Other current liabilities: ₹0.05 lakh)
- Total equity and liabilities: ₹257.23 lakh
Cash Flow (Half Year Ended September 30, 2026)
- Cash used in operating activities: ₹(18.26) lakh
- Cash from financing activities: ₹17.55 lakh (proceeds from borrowings net)
- Net decrease in cash: ₹(0.71) lakh
- Cash equivalents at beginning: ₹1.39 lakh
- Cash equivalents at end: ₹0.68 lakh
Additional Notes
- The company operates in a single segment
- No provision for current and deferred tax due to carry forward losses
- The Labour Codes effective from November 21, 2025 are under evaluation, but no significant impact is foreseen due to insignificant number of employees
- Previous period figures have been regrouped/rearranged for comparability
- The financial results were prepared in accordance with Ind AS 34
Board Resolution
The Board of Directors passed a resolution on November 06, 2026 approving the financial results and authorizing Mr. Manish Shah, Executive Director, to sign and submit the results to the stock exchange.