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TNTELE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Tamilnadu Telecommunications (TTL), a JV between TCIL and TIDCO, reported a wider net loss of Rs. 15.48 crore in FY25 versus Rs. 14.62 crore in FY24, translating to EPS of Rs. (3.45). Revenue from operations stood at just Rs. 69.54 lakh while finance costs surged nearly 28% to Rs. 13.74 crore. Net worth is deeply negative at Rs. 179.33 crore with accumulated losses of Rs. 235.79 crore, fully eroding shareholder equity. The factory has been shut since 2017 with no sales for over five years; a recent attempt to lease the facility was cancelled by TIDCO. The statutory auditor issued an Adverse Opinion, flagging that the going concern assumption is inappropriate due to material uncertainty about the company's ability to continue operations, no new orders, and lack of raw material supply support.
This is a deeply distressed micro-cap PSU joint venture with negative net worth, an adverse auditor opinion, and explicit going-concern doubt. Shareholders face continued erosion of value with no clear path to revival; the stock remains a high-risk, speculative bet contingent on the company securing fresh investment or business diversification.