Tamilnadu Telecommunication Limited has informed the Exchange regarding 'Financial '.
TNTELE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tamilnadu Telecommunication Limited reported zero revenue from operations for FY2025-26, with a net loss of Rs. 14.89 crore compared to a loss of Rs. 15.48 crore in the previous year. The company has not operated its factory since August 2017. Its net worth is deeply negative at Rs. 193.58 crore, with accumulated losses of Rs. 250.03 crore as of March 31, 2026. The statutory auditors have issued an adverse conclusion, stating that the going concern assumption used by management is inappropriate due to the complete erosion of net worth and the company's non-operational status. Operating cash flows remain negative at Rs. 4.37 crore. A proposed lease agreement for the factory was cancelled by TIDCO, and the company is under BIFR rehabilitation monitoring.
This is a highly distressed company with zero revenue, negative net worth, and auditors explicitly stating the going concern basis is inappropriate. The stock faces significant delisting risk and shareholders should be extremely cautious as the company struggles with rehabilitation efforts.