Revati Media Q2 Results and Auditor Observations

Revenue from operations for the quarter stood at Rs 0.00; net loss reached Rs 8.86 lakh.

Reader Takeaway: Persistent lack of operational revenue combined with long-standing unresolved debt and asset discrepancies remains a critical concern.

What just happened

Revati Media Ltd has released its financial results for the quarter ended September 30, 2026. The company recorded no revenue from operations during the period, continuing a prolonged streak of inactivity. The net loss for the quarter was reported at Rs 8.86 lakh, compared to a loss of Rs 7.19 lakh in the same period last year. For the half-year ended September 30, 2026, the cumulative net loss stands at Rs 15.91 lakh.

Auditor's Emphasis of Matter

The statutory auditor, B. L. Dasharda & Associates, has raised significant concerns in their review report. The auditors highlighted that the company's primary fixed assets, including land, building, and machinery, were seized by the Maharashtra State Financial Corporation (MSFC) in November 1998 due to unpaid dues. Despite the company no longer possessing these assets, they remain recorded in the books at a value of Rs 52.36 lakh. Furthermore, the company continues to carry outstanding secured loans from MSFC (Rs 103.76 lakh) and SICOM Ltd (Rs 16.24 lakh). The auditor stated that the total liability cannot be accurately determined due to a lack of data, warning that this could materially misstate the company’s financial position.

What to track next

Investors should monitor official company disclosures for any plans to resolve the 1998 asset-liability mismatch. Currently, the company displays no operational income, and its ability to sustain itself depends on managing legacy financial distress. The discrepancy in asset valuation and the inability to ascertain exact debt liabilities remain major red flags for stakeholders.