ATN International Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
Awaiting price reaction for this filing.
ATN International Limited announced unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations dropped sharply to Rs 5.09 lakh from Rs 16.96 lakh in the same quarter last year, a decline of about 70%. Total income stood at Rs 5.09 lakh versus Rs 35.36 lakh a year ago. The company reported a net loss of Rs 11.62 lakh, wider than the Rs 4.61 lakh loss in Q1 FY25. Other equity remains deeply negative at Rs (2,336.60) lakh, while paid-up equity capital is Rs 1,578 lakh. The board approved the appointment of Barkha & Associates as internal auditor for FY26 and Ankita Goenka & Associates as secretarial auditor for five years. Statutory auditor Deoki Bijay & Co. issued an unmodified limited review report, noting that the prior year Q1 results were reviewed by a different firm, indicating a change of reviewing auditor.
Sharply falling revenue, widening losses, and persistently negative reserves are red flags for shareholders and point to ongoing financial stress. The change of reviewing auditor between Q1 FY25 and Q1 FY26 also warrants close attention from investors.