Reliable Ventures India Ltd reported a net loss of ₹88.58 lakh for the financial year ended March 31, 2026, a significant decline from the net profit of ₹0.15 lakh recorded in the previous year. The company’s financial performance was impacted by zero revenue from operations, which stood at ₹0.00 lakh for the year, down from ₹6.93 lakh in FY25. Total income for the period dropped to ₹31.09 lakh, compared to ₹154.64 lakh in the corresponding period last year.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 26, 2026. The statutory auditors, J. Singh & Associates, issued an unmodified audit opinion on the results, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit committee reviewed the results prior to the Board's approval.

Financial Performance

The company’s total expenses for FY26 amounted to ₹119.67 lakh, a decrease from ₹222.72 lakh in the previous year. Key expense components included depreciation of ₹72.44 lakh and employee benefit expenses of ₹2.34 lakh. Other expenses accounted for ₹42.89 lakh during the year. For the quarter ended March 31, 2026, the company reported a net loss of ₹22.10 lakh on a total income of ₹5.67 lakh.

Segment and Capital Structure

Reliable Ventures India Ltd operates a single reportable segment, Hospitality, in accordance with Indian Accounting Standards (Ind-AS 108). The paid-up equity share capital remained constant at ₹1,101.29 lakh, with a face value of ₹10 per share. The earnings per share (EPS) for the year stood at (₹0.68), compared to ₹0.15 in the previous year.

Balance Sheet Highlights

The company’s total assets as of March 31, 2026, stood at ₹3,427.47 lakh, slightly lower than ₹3,485.07 lakh in the previous year. Non-current assets were primarily composed of property, plant, and equipment valued at ₹1,713.51 lakh. Current assets included investments of ₹1,120.45 lakh and cash and cash equivalents of ₹157.63 lakh. Total equity and liabilities amounted to ₹3,427.47 lakh, with total equity recorded at ₹3,060.81 lakh.

Reliable Ventures India Ltd has issued a formal intimation to the Bombay Stock Exchange, notifying of an upcoming board meeting scheduled for Tuesday, May 26, 2026, at 4.30 P.M. The intimation has been filed pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting to Consider Standalone Financial Results

The board meeting has been convened to consider, inter-alia, and take on record the standalone financial results of the company for the quarter and 12 months period ended March 31, 2026. This covers both the fourth quarter as well as the full financial year FY26 results on a standalone basis.

The following key details summarise the scheduled meeting:

Audit Committee Meeting Also Scheduled

In addition to the board meeting, the Audit Committee of the company is also scheduled to meet on the same day — May 26, 2026 — prior to the board meeting. The Audit Committee will convene to discuss and review the standalone financial results before they are placed before the board for formal consideration and adoption.

The intimation was signed by S. S. Raghuwanshi, Company Secretary and Compliance Officer of Reliable Ventures India Ltd, and addressed to the Deputy General Manager, Department of Corporate Affairs, Bombay Stock Exchange Ltd.