Audited Financial Results for the quarter and year ended March 31, 2026

Qualified audit opinionGoing-concern doubtEmphasis of matterRevenue declinedNet loss reportedExceptional itemResults View source PDF Explain this filing

GTL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹7.56

prior close

₹7.64

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+0.5% vs market

Telecom - Services peers, median of 18sector · industry level-0.2%+0.3% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 0.3 pts more than its Telecom - Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.6

10m

-0.5

15m

-0.5

30m

-1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1-0.4+0.5-0.2+0.3

Next day

-4.0-1.7-2.2-0.9-3.1

-1.9-1.3-0.6-0.9-1.0

-2.2-0.7-1.6-0.7-1.6

+0.7+0.4+0.3-0.8+1.4

+0.5+0.5+0.0+0.2+0.3

+0.0+2.8-2.8+1.6-1.6

15d

+14.9+1.2+13.8-0.4+15.4

+13.5+5.3+8.2+0.7+12.8

-4.1+9.9-14.0+2.0-6.1

-0.1+13.1-13.3-0.6+0.5

UpDownMarket · Nifty Microcap 250Sector · Telecom - Services peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GTL Ltd reported revenue from operations of ₹22,437.20 lakhs for FY26, down from ₹25,387.94 lakhs in FY25 (approximately 12% decline). Before exceptional items, the company posted a loss of ₹6,324.71 lakhs. However, after accounting for exceptional items of ₹61,044.45 lakhs (primarily ₹73,991.19 lakhs from One Time Settlement with lenders, partly offset by ₹17,900 lakhs claim on pledged shares), net profit stood at ₹58,254.74 lakhs. The auditors issued a modified opinion for the 9th consecutive time because the company has not provided for ₹21,296.46 lakhs of interest on unsettled borrowings. The balance sheet shows severely negative net worth of ₹5,44,605.26 lakhs and total liabilities of ₹5,57,841.61 lakhs against total assets of ₹13,236.35 lakhs. The company has settled with 11 of its 14 secured lenders under an OTS scheme and awaits approval from the remaining 3 lenders.

Likely market impact

Despite the reported profit due to exceptional OTS gains, the underlying business is loss-making and the balance sheet is in deep negative equity. The repeated modified audit opinion, going concern warning, and pending interest liability create significant uncertainty for shareholders. The stock may see volatility as the exceptional gains are non-recurring in nature.