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 reported weak Q1 FY26 (quarter ended 30 June 2025) results. Standalone revenue from operations fell sharply to ₹284.46 lakhs from ₹604.39 lakhs in Q1 FY25, a drop of roughly 53%. The company swung to a standalone loss after tax of ₹48.24 lakhs versus a profit of ₹136.18 lakhs a year ago. Consolidated revenue also nearly halved to ₹481.56 lakhs and consolidated PAT was a loss of ₹48.33 lakhs. Both the standalone and consolidated limited review reports from Niranjan & Narayan carry an 'Emphasis of Matter' paragraph. The board also approved the reappointment of Mr. Jeeten Anil Desai as Independent Director for a second 5-year term, appointed M/s. Aakanksha Dubey & Co. as Secretarial Auditor for FY26–FY30, and accepted the resignations of two Independent Directors, Mr. Sreenivasa Rao Kurra and Mr. Satya Raja Shakar Praharaju Kurra, citing personal reasons. The 32nd AGM is scheduled for 23 September 2025 via video conferencing.
The sharp revenue fall and swing to a loss are negative signals for shareholders, suggesting top-line pressure and weak quarterly execution. The auditor's Emphasis of Matter note warrants attention, though the opinion remains unmodified. Director resignations and new appointments signal board-level churn that investors should monitor.