This is to inform you that the Board of Directors of the Company at their Meeting held today, Thursday, 12th February, 2026 inter-alia considered and approved the following matters: 1) ....
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The Board of Directors of Advance Metering Technology Limited approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report from auditors GSA & Associates LLP at their meeting held on February 12, 2026. Standalone revenue from operations stood at Rs 363.94 lakhs for Q3 FY26 (vs Rs 346.27 lakhs in Q3 FY25), while nine-month revenue declined to Rs 1,803.39 lakhs from Rs 1,830.90 lakhs in the prior year period. Consolidated nine-month revenue fell more sharply to Rs 1,803.39 lakhs from Rs 1,961.18 lakhs. The company reported a standalone loss before tax of Rs 320.89 lakhs in Q3 FY26 (vs Rs 451.65 lakhs loss in Q3 FY25) and a nine-month loss of Rs 379.72 lakhs, widening from Rs 216.57 lakhs in the same period last year. Loss per share for the nine months stood at Rs 2.36 on a standalone basis. No deferred tax asset/liability has been recognised due to accumulated carried-forward business losses and unabsorbed depreciation. The Power Generation and Meters & Others segments continued to post losses, with only the Investments segment contributing positively.
Persistent and widening losses combined with declining revenue indicate continued operational stress, likely weighing negatively on the stock. The company's reliance on investment income to offset core business losses raises concerns about long-term sustainability, though the limited review report from auditors was unqualified.