Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the Board of Directors of Arcotech Limited at their meeting ....
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Arcotech Ltd's Board approved standalone unaudited financial results for the quarter ended June 30, 2025. The company reported zero revenue from operations and zero other income, with total expenses of Rs 823.93 lakhs (mainly finance costs of Rs 557.59 lakhs and depreciation of Rs 259.84 lakhs). Net loss for the quarter stood at Rs 823.93 lakhs, almost identical to the Rs 824.92 lakhs loss in Q1 FY25. Loss per share was Rs 0.78. The auditor flagged that interest expense was under-provided by Rs 1,026.02 lakhs (Rs 667.53 lakhs net of tax), which would deepen the actual loss.
This is a deeply distressed situation for shareholders: zero revenue, continued quarterly losses, negative other equity of Rs 31,148 lakhs against just Rs 2,100 lakhs of share capital, and a note that the company's business restructuring is under lender consideration — pointing to serious going-concern risk and potential equity erosion.