outcome of boord meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.5 pts less than Nifty Microcap 250 and 3.4 pts less than its Telecom - Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nettlinx Ltd held its Board Meeting on May 25, 2026 and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The standalone revenue dropped significantly to Rs 1,208.32 Lakhs from Rs 2,271.79 Lakhs in FY25, while the company posted a standalone loss of Rs 454.30 Lakhs compared to a profit of Rs 568.46 Lakhs in the previous year. Consolidated revenue fell to Rs 2,094.53 Lakhs from Rs 3,352.42 Lakhs, with consolidated loss at Rs 516.95 Lakhs. The statutory auditors M/s Niranjan & Narayan issued an Unmodified (clean) Opinion on both standalone and consolidated results. The Board also approved appointment of M/s Murthy & Kanth as Internal Auditors for FY27 and re-appointment of CFO Mr. Venkateswara Rao Narepalem as Executive Director for 5 years from October 1, 2026, subject to shareholder approval. The 33rd AGM is scheduled for August 3, 2026.
The sharp revenue decline of approximately 47% on standalone basis and significant losses indicate substantial deterioration in business performance. However, the clean audit opinion provides assurance on financial statement reliability. The exceptional items (Rs 445.66L standalone, Rs 460.20L consolidated) contributed to losses but underlying operations also weakened considerably.