GTL Limited has submitted to the Exchange, the Un-audited financial results for the quarter and period ended December 31, 2025.
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GTL Limited's Board approved unaudited results for Q3 FY26 on February 12, 2026. Revenue from operations for the quarter was ₹5,499.84 lakhs, up about 7.8% from ₹5,103.34 lakhs in Q3 FY25, but revenue for the nine-month period fell roughly 9.7% YoY to ₹16,612.42 lakhs. The Q3 loss narrowed sharply to ₹(262.92) lakhs from ₹(3,732.25) lakhs a year ago, aided by a lower exchange loss of ₹1,525.11 lakhs, while the nine-month loss widened to ₹(2,650.29) lakhs from ₹(1,959.27) lakhs. The company's net worth remains eroded (other equity was around ₹(6,18,661.65) lakhs at March 2025), current liabilities exceed current assets, and an OTS settlement with lenders is partly completed (10 of 14 lenders settled). The auditor flagged material uncertainty on going concern, modified the review opinion because the company is not recognizing interest on borrowings, and noted that ₹3,35,554.53 lakhs of bank/loan balance confirmations are pending.
Shares are likely to face continued pressure as the auditor has explicitly raised a going concern doubt and issued a modified review opinion. If the company had recognized unpaid interest on borrowings, the nine-month loss would balloon to around ₹(30,637.64) lakhs, indicating the headline numbers materially understate the true financial burden on shareholders.