Declaration of un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Quadrant Televentures, currently under Corporate Insolvency Resolution Process (CIRP) since September 2, 2025, reported Q3 FY26 revenue of Rs. 5,141.16 lakhs, down about 12% from Rs. 5,833.47 lakhs in Q3 FY25. Nine-month revenue fell to Rs. 15,829.14 lakhs from Rs. 18,024.25 lakhs a year earlier. The company posted a Q3 profit of Rs. 172.31 lakhs (boosted by an exceptional gain of Rs. 287.54 lakhs from Labour Code implementation), versus a loss of Rs. 16,497.01 lakhs in the year-ago quarter. Nine-month loss narrowed sharply to Rs. 2,880.28 lakhs from Rs. 22,740.54 lakhs. The statutory auditor flagged going concern uncertainty due to continuous losses, current liabilities exceeding current assets, and loan defaults, and noted that finance costs of Rs. 1,746.52 lakhs (quarter) and Rs. 2,297.19 lakhs (nine months) were not provided due to the IBC moratorium. The Resolution Professional was replaced, with Mr. Rajesh Jhunjhunwala taking over in January 2026.
Despite a narrower loss, the company remains under insolvency proceedings with material going concern doubts, large unprovided finance costs, and a pending Rs. 15,610.88 lakhs arbitral award liability from ATC Telecom. Existing shareholders face significant dilution and resolution risk as the CIRP process continues and a resolution plan is pursued.