Tamilnadu Telecommunication Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Tamilnadu Telecommunications Limited reported zero revenue from operations for FY26. The company posted a net loss of Rs. 14.89 crore, marginally improved from Rs. 15.48 crore loss in FY25. The company's accumulated losses stand at Rs. 25 crore, fully eroding its net worth which is now negative at Rs. 19.36 crore. The auditors have issued an adverse conclusion, stating that the going concern assumption used by management is inappropriate since the factory has not operated since August 2017. The company continues under BIFR rehabilitation monitoring. Cash used in operating activities was Rs. 4.38 crore, indicating severe cash burn despite minimal operations.
Shareholders face extreme risk as the company has negative net worth, no operating revenue, and auditors have raised an adverse opinion questioning its ability to continue as a going concern. The stock is highly speculative with no clear revival path visible.