ATLANTAA LIMITED has submitted to the Exchange, the financial results for the period ended March 31, 2026.
ATLANTAA · price
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Atlantaa Limited reported standalone PAT of Rs 408.07 lakh for FY26, down 93.6% from Rs 6,349.06 lakh in FY25, while consolidated PAT was a loss of Rs 171 lakh vs profit of Rs 4,257.17 lakh previously. Consolidated revenue was flat at Rs 9,355.13 lakh vs Rs 9,953.53 lakh. A significant restatement occurred: Rs 2,179.55 lakh bank guarantee paid to PWD Uttar Pradesh in Q3 was expensed but reclassified as recoverable current asset in annual results, adding back Rs 1,631 lakh to PAT after considering deferred tax reversal. Auditors issued unmodified opinion with an Emphasis of Matter on the bank guarantee matter, noting it remains sub-judice before Delhi High Court. The company reappointed Mr. Ajit Sabat as Internal Auditor for FY27.
Sharp profit decline and consolidated loss despite flat revenue signals operational stress. Restatement of Q3 results raises questions about initial expense treatment and management judgment on recoverability of Rs 21.8 crore claim.