Outcome of Board Meeting held on 27th May, 2026
Awaiting price reaction for this filing.
ATN International Ltd reported audited financial results for the quarter and year ended March 31, 2026. The company posted a net loss of Rs. 1.20 lakh for FY 2025-26, similar to the previous year's loss of Rs. 1.20 lakh. Revenue from operations stood at Rs. 21 lakh, while total expenditure was Rs. 39.16 lakh. The company generated negative operating cash flow of Rs. 246.03 lakh during the year, a significant deterioration from Rs. 1.09 lakh positive in the prior year. The statutory auditors Deoki Bijay & Co issued an unmodified opinion on the financial results. The company is awaiting NCLT approval for a share capital reduction under Section 66 of the Companies Act. Related party transactions include loans and advances with multiple entities totaling Rs. 413.87 lakh in credit and Rs. 290.28 lakh in debit during the year.
The company continues to operate at a loss with severely negative operating cash flows, indicating significant liquidity stress. The negative other equity of Rs. 2,346.48 lakh against share capital of Rs. 1,578 lakh suggests eroded net worth. Shareholders should exercise caution given the deteriorating cash position.