Please find attached.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company reported nearly flat revenue with Q3 FY26 revenue from operations at Rs 58.02 lakhs and nine-month revenue at Rs 178.79 lakhs, marginally down from Rs 179.44 lakhs in the same period last year. The company swung to a small consolidated net profit of Rs 2.97 lakhs in Q3 and Rs 0.55 lakhs for nine months, compared to losses of Rs 4.38 lakhs and Rs 18.99 lakhs respectively in the prior year. The turnaround was driven entirely by cost cuts rather than growth—employee costs fell to Rs 31.37 lakhs (from Rs 44.64 lakhs) and other expenses dropped to Rs 51.61 lakhs (from Rs 63.84 lakhs). The company's other equity remains deeply negative at Rs -630.48 lakhs on a consolidated basis. A major ongoing concern is a contingent liability of Rs 4,130.38 lakhs in license fee show cause notices from the Department of Telecommunications, which is roughly 70 times the quarterly revenue. The statutory auditor issued an unmodified (clean) limited review report.
The return to profit is marginal and entirely cost-driven, offering little comfort. Shareholders should note the deeply negative reserves and the massive DoT contingent liability, which together pose serious risks that could overshadow the modest operating recovery if the legal dispute turns against the company.