Declared net worth
₹-27.56 Cr
Since last election
No prior
Pending cases
0 pending cases
Convictions
0 convictions
Wealth & income over time
₹-27.56 Cr
| Election | Constituency | Result | Assets | Liabilities | Net worth | Income (latest year, self) |
|---|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Ongole | won | ₹7.55 L | ₹27.63 Cr | ₹-27.56 Cr | ₹13.85 L |
Latest affidavit
Total assets
₹7.55 L
Total liabilities
₹27.63 Cr
Net worth
₹-27.56 Cr
Education
- Graduate, B.Com., V.R College (S V University), Nellore, Commerce, V.R College (S V University), Nellore, 1973
self, Magunta Sreenivasulu Reddy, age 70
Business
Movable assets
- Cash Cash in hand ₹18,529.00
Liabilities
- Any Other Dues Loan or dues to any other individuals/entity to Annexure-VI ₹3.19 Cr
Income (ITR)
- 2022-23 ₹13.85 L
dependent, Dependent-1
Movable assets
- Cash Cash in hand ₹0.00
dependent, Dependent-2
Movable assets
- Cash Cash in hand ₹0.00
dependent, Dependent-3
Movable assets
- Cash Cash in hand ₹0.00
spouse
Family Business
Movable assets
- Cash Cash in hand ₹6.68 L
Liabilities
- Any Other Dues Loan or dues to any other individuals/entity to Annexure-XIV ₹5.83 Cr
Income (ITR)
- 2022-23 ₹25.43 L
huf
Movable assets
- Cash Cash in hand ₹67,854.00
Liabilities
- Any Other Dues Loan or dues to any other individuals/entity to Annexure-XIX ₹18.61 Cr
Income (ITR)
- 2020-21 ₹99,120.00
Government contracts
- Contracts with appropriate Government self
- Contracts with appropriate Government spouse
Government dues
- Government Dues Rent self ₹0.00
- Government Dues Electricity Charges self ₹0.00
- Government Dues Water Charges self ₹0.00
- Government Dues Telephone Charges self ₹0.00
Sources of income
- Business Salary and share of profit from partnership firm self
- Business Salary and share of profit from partnership firm spouse
Social media handles
- Facebook given
- X (Twitter) given
- Instagram given
Additional disclosures
- Government accommodation withheld This entry held a PAN, phone number, email address or postal address, which this site does not show.
Totals printed in the affidavit
- Gross Total Value self assets ₹4.58 Cr The totals printed in the affidavit do not add up.
- Gross Total Value spouse assets ₹17.99 Cr The totals printed in the affidavit do not add up.
- Gross Total Value huf assets ₹4.25 Cr The totals printed in the affidavit do not add up.
- Grand total of liabilities self liabilities ₹3.19 Cr
- Grand total of liabilities spouse liabilities ₹5.83 Cr
- Grand total of liabilities huf liabilities ₹18.61 Cr
Other entries in the affidavit
- Stamp Duty Amount 100 Stamp Paper s Stamp Paper
PAN: given
Contact details: given
Elections contested
| Election | Constituency | Party | Result | Votes | Share |
|---|---|---|---|---|---|
| Lok Sabha General Election 2024 | Ongole | Telugu Desam | won | 701,894 | 49.81% |
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Compiled from public disclosures by the Election Commission of India and MyNeta.