The Board at its meeting held on 26 May, 2026 considered and approved the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026 ....
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GTT Data Solutions Ltd reported audited financial results for Q4 and FY26 ending March 31, 2026. Standalone revenue grew nearly 6x to ₹2,573.75 Lakhs from ₹445.48 Lakhs, while consolidated revenue jumped over 8x to ₹13,332.26 Lakhs from ₹1,612.84 Lakhs, driven by acquisitions of Alpharithm Technologies, CRG Solutions, and Itarium Technology. However, the company reported significant standalone loss of ₹2,564.14 Lakhs (vs ₹868.22 Lakhs loss in FY25) and consolidated loss of ₹1,556.44 Lakhs (vs ₹680.29 Lakhs loss in FY25), largely due to a ₹1,623.72 Lakhs impairment charge on its investment in Global Talent Track Private Limited. The Board also approved conversion of Inter-Corporate Deposits from promoter entity SMCV Management Services into equity shares, and made changes to board composition. Auditors issued an unmodified (clean) opinion with an emphasis of matter on pending Antworks acquisition.
Despite massive revenue growth, persistent large losses and high impairment charges signal operational challenges. The ICD-to-equity conversion will dilute existing shareholders but reduce debt. The pending Antworks acquisition adds uncertainty.