Triveni Glass Reports Net Loss of Rs 6.95 Lakhs in Q1
Triveni Glass Limited reported a net loss of Rs 6.95 lakhs in Q1, compared to a profit of Rs 8.83 lakhs in the previous quarter. Total income fell to Rs 12.86 lakhs from Rs 100.20 lakhs. Total expenses were Rs 19.81 lakhs. The company has negative equity of Rs 1,479.32 lakhs and current liabilities of Rs 2,118.28 lakhs. EPS for the quarter was negative Rs 0.06. The board approved the reappointment of M/s Shishir Jaiswal & Co as Cost Auditor and appointed M/s Ayush Sinha & Associates as Secretarial Auditor, both subject to shareholder approval.
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Triveni Glass Limited, a prominent player in the glass manufacturing sector, has announced its financial results for the first quarter. The company reported a net loss of Rs 6.95 lakhs, marking a significant shift from the profit of Rs 8.83 lakhs recorded in the previous quarter ended March 31, 2025.
Revenue Decline
The company witnessed a substantial decrease in its total income, which fell to Rs 12.86 lakhs from Rs 100.20 lakhs in the previous quarter. This sharp decline in revenue highlights the challenges faced by Triveni Glass during the period.
Expenses and Financial Position
Despite the revenue contraction, Triveni Glass reported total expenses of Rs 19.81 lakhs for the quarter. The breakdown of expenses includes:
| Expense Category | Amount (Rs Lakhs) |
|---|---|
| Employee benefits | 5.47 |
| Other expenses | 13.29 |
| Depreciation and amortization | 1.03 |
The company's financial position remains under pressure, with negative equity of Rs 1,479.32 lakhs and current liabilities standing at Rs 2,118.28 lakhs.
Per Share Performance
The earnings per share (EPS) for the quarter stood at negative Rs 0.06, reflecting the company's loss-making position.
Board Approvals and Auditor Appointments
In a board meeting held on July 28, 2025, Triveni Glass Limited's directors approved these unaudited standalone financial results. Additionally, the board made several key decisions:
- Reappointment of M/s Shishir Jaiswal & Co as the Cost Auditor for FY 2025-26, subject to shareholder approval.
- Appointment of M/s Ayush Sinha & Associates as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, pending shareholder approval.
Looking Ahead
While the company faces financial challenges, as evidenced by the quarterly loss and revenue decline, Triveni Glass Limited continues to fulfill its regulatory obligations and maintain transparency with stakeholders. The management's focus on appointing auditors for extended periods suggests a commitment to long-term compliance and governance practices.
Investors and stakeholders will be watching closely to see how Triveni Glass navigates these financial headwinds in the coming quarters and implements strategies to return to profitability.
Historical Stock Returns for Triveni Glass
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.06% | +0.87% | -2.78% | +8.38% | -31.79% | +50.38% |
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