In terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, Please find enclosed herewith a copy of Annual Audited ....
Awaiting price reaction for this filing.
ATN International Limited submitted its annual audited standalone financial results for the year ended 31st March 2025, approved by the Board on 27th May 2025. The statutory auditor, Deoki Bijay & Co., issued the audit report, and the company stated the opinion is 'unmodified.' However, the auditor's report itself contains language indicating a qualification — 'except for the possible effects of the matter described in the basis for opinion paragraph.' The results show the company is loss-making, and the company operates as a repackaging unit with a sugar processing/repacking license that has an expiry issue noted. Prior period figures have been re-grouped/reclassified to match current period classification.
Red flags for shareholders: the auditor's report language suggests a qualified opinion despite the company calling it 'unmodified,' there is an auditor change from the previous year, the company is reporting net losses, and there are going concern and licensing concerns. This combination signals financial weakness and warrants caution.