Attached Financial Results for the quarter and year ended 31st March, 2025
Awaiting price reaction for this filing.
ATN International Ltd has submitted its annual audited financial results for the quarter and year ended 31st March, 2025, approved by the Board on 27th May, 2025. The auditor's report explicitly mentions a 'net loss' for both the quarter and full year, indicating the company remained in the red. Notably, the auditor's report uses qualified language ('except for the possible effects of the matter described in the basis for opinion paragraph'), even though the company letter claims an 'unmodified opinion' — this inconsistency is a red flag. Total assets stood at approximately ₹787.73 lakhs against total equity and liabilities of about ₹773.96 lakhs. A detailed Related Party Disclosure section lists transactions with promoter-group entities such as ATI International, Arihant Jain, Beleshri India Ltd, and Savera Traders Ltd, though balances appear nil for most parties.
Shareholders should note that the company reported a net loss for FY25 and that the auditor's report language suggests a qualified opinion, which contradicts the company's stated 'unmodified' status — this may dent investor confidence. The small asset base, minimal cash position, and ongoing related-party activity warrant close scrutiny before investing.