ATN International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Awaiting price reaction for this filing.
ATN International Limited has reported audited financial results for the quarter and year ended March 31, 2026. The company posted a net loss of Rs 10.20 Lacs for the full year with total comprehensive loss of Rs 10.66 Lacs. Quarterly Q4 showed a profit of Rs 9.13 Lacs but this was insufficient to offset earlier losses. The company's balance sheet shows severe capital erosion with negative other equity of Rs 2,346.48 Lacs against share capital of Rs 1,578.00 Lacs. Operating cash flows were deeply negative at Rs 246.03 Lacs for the year, compared to Rs 1.09 Lacs positive in the prior year. The statutory auditors Deoki Bijay & Co. have issued an unmodified opinion on the financial statements. Additionally, a special resolution for share capital reduction has been passed and is pending NCLT approval.
The company continues to burn cash with no turnaround visible. Negative equity of Rs 768.48 Lacs (share capital minus accumulated losses) signals significant capital erosion. The deeply negative operating cash flow of Rs 246 Lacs is a serious red flag for financial stability.