Board meeting outcome
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and in line with its Other Telecom Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nettlinx Ltd's board approved unaudited standalone and consolidated financial results for Q1FY26 (quarter ended 30 June 2025). Standalone revenue from operations fell to ₹284.46 lakhs from ₹473.48 lakhs in Q1FY25, a decline of about 40%, while the company slipped into a loss of ₹48.24 lakhs versus a profit of ₹133.87 lakhs a year ago. On a consolidated basis, revenue dropped to ₹481.56 lakhs from ₹721.27 lakhs and the company posted a loss of ₹48.33 lakhs against a profit of ₹111.81 lakhs in Q1FY25. The auditor (Niranjan & Narayan) issued a limited review report on both sets of results and included an Emphasis of Matter paragraph. Other board items included the reappointment of an independent director, resignation of two independent directors citing personal and professional reasons, appointment of a new secretarial auditor, and fixing the 32nd AGM for 23 September 2025.
Weak quarterly performance with both revenue contraction and a swing to loss is negative for near-term sentiment, though the small scale of the numbers keeps the impact limited. Director resignations and the registered office shift (within the same building) are administrative and unlikely to affect shareholders materially.