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TMT India Ltd reported audited annual results for FY2026 ending March 31, 2026. The company posted total income of Rs 18.73 lakh (vs nil in FY2025), including revenue from operations of Rs 4.70 lakh and other income of Rs 14.03 lakh. However, the company still recorded a net loss of Rs 24.32 lakh — an improvement from the prior year's loss of Rs 45.97 lakh. Total comprehensive loss was Rs 30.55 lakh. The balance sheet shows a negative other equity of Rs (1,154.28) lakh against a paid-up equity capital of Rs 495.38 lakh. Cash flow from operations was negative at Rs (19.37) lakh, though borrowing increased by Rs 25.53 lakh. The statutory auditor issued an unmodified opinion but included an Emphasis of Matter paragraph regarding pending litigation concerning an investment of Rs 5 lakh in Sree Rayalaseema Alkalies and Allied Chemicals Ltd.
Despite narrowing losses and a modest revenue breakthrough, TMT India Ltd remains deeply loss-making with a severely negative equity base and negative operating cashflow — indicating significant reliance on debt to sustain operations.