Unaudited Financial Results for the quarter ended on 30.06.2025
Awaiting price reaction for this filing.
TMT India Ltd reported zero revenue from operations for Q1 FY26, identical to previous quarters, indicating the company is currently non-operational on a standalone basis. It posted a loss before tax of Rs. 7.70 lakhs versus Rs. 7.25 lakhs in Q1 FY25 and Rs. 24.51 lakhs in Q4 FY25, with total expenses of Rs. 7.70 lakhs driven mainly by employee costs (Rs. 3.26 lakhs) and other expenses (Rs. 4.38 lakhs). Loss per share stood at Rs. 0.16 for the quarter (vs Rs. 0.15 in Q1 FY25). No interim dividend was declared. The Board also approved appointing M/s Sayani & Associates as Secretarial Auditor for a five-year term and cleared the 48th AGM notice. A note disclosed that 50,000 equity shares of Sree Rayalaseema Alkalies & Allied Chemicals held by the company were illegally transferred by a third party and the matter is being pursued legally.
For shareholders, the company remains a loss-making, non-revenue entity with only nominal quarterly losses relative to its Rs. 495.38 lakh equity base. The illegal transfer of investments is a material governance red flag worth tracking, though the auditor issued an unqualified review report with no going-concern qualification.