Nettlinx reports FY26 net loss, appoints auditor

1 min read     Updated on 25 May 2026, 11:57 AM
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AI Summary

Nettlinx Limited reported a net loss of ₹454.30 lakh for FY26 against a profit of ₹568.46 lakh in FY25, with total income declining to ₹1,262.03 lakh. For Q4 FY26, the company recorded a profit of ₹47.25 lakh. The board appointed M/s. Murthy & Kanth as internal auditors and re-appointed Mr. Venkateswara Rao Narepalem as Executive Director. The 33rd AGM is scheduled for August 3, 2026.

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Nettlinx Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The board of directors, which met on May 25, 2026, approved the standalone and consolidated financial statements. The company reported a net loss of ₹454.30 lakh for the financial year 2025-26, compared to a profit of ₹568.46 lakh in the previous year. For the quarter ended March 31, 2026, the company posted a profit of ₹47.25 lakh.

Financial Performance

The total income for the year stood at ₹1,262.03 lakh, a decrease from ₹2,279.22 lakh in the prior year. Expenses for the period totaled ₹1,266.95 lakh. The board also considered the audited financial results for the consolidated entity, which reported a net loss of ₹509.38 lakh for the year. The statutory auditors, M/s. Niranjan & Narayan, issued an audit report with an unmodified opinion on the financial results.

Financial Metric (Standalone) Year Ended 31.03.2026 (₹ in Lakhs) Year Ended 31.03.2025 (₹ in Lakhs)
Total Income 1,262.03 2,279.22
Total Expenses 1,266.95 1,478.78
Net Profit/(Loss) (454.30) 568.46
Earnings Per Share (Basic) (1.88) 2.35

Board Decisions and Appointments

During the meeting, the board approved the appointment of M/s. Murthy & Kanth, Chartered Accountants, as internal auditors for the financial year 2026-27. Additionally, Mr. Venkateswara Rao Narepalem, currently serving as Chief Financial Officer, was re-appointed as Executive Director for a further period of five years effective from October 1, 2026, subject to shareholder approval.

Annual General Meeting

The board has convened the 33rd Annual General Meeting of the members on Monday, August 3, 2026, at 11:30 AM IST via Video Conferencing. The meeting will be held to transact ordinary business, including the adoption of financial statements and the re-appointment of directors. M/s. Aakanksha Dubey & Co. has been appointed as the scrutinizer for the voting process.

Historical Stock Returns for Nettlinx

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-0.85%-5.26%-17.01%-50.78%-45.37%

What specific strategic initiatives is Nettlinx Limited planning to reverse the significant revenue decline from ₹2,279.22 lakh to ₹1,262.03 lakh and return to profitability in FY 2026-27?

How might shareholders respond to Mr. Venkateswara Rao Narepalem's re-appointment as Executive Director at the AGM, given the company's shift from profit to a net loss under the current leadership period?

What are the key operational or market factors that contributed to Nettlinx's revenue contraction, and are those headwinds expected to persist into the next fiscal year?

Nettlinx Limited Confirms Non-Large Corporate Status Under SEBI Framework

1 min read     Updated on 15 Apr 2026, 08:01 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Nettlinx Limited has filed a regulatory disclosure confirming it does not qualify as a Large Corporate under SEBI's framework. The company reported nil outstanding borrowings as of March 31, 2026, and confirmed compliance with SEBI circulars dated October 19, 2023, and August 10, 2021. This classification exempts Nettlinx from specific debt securities regulations applicable to Large Corporates.

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Nettlinx Limited has formally notified stock exchanges that it does not fall under the Large Corporate category as defined by SEBI's regulatory framework. The company submitted its initial disclosure on April 15, 2026, to BSE Limited and Metropolitan Stock Exchange of India Limited.

Regulatory Compliance Disclosure

The disclosure was made in reference to SEBI circular SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023, which pertains to fund raising by issuance of debt securities by large entities and associated compliance requirements. Managing Director Rohith Loka Reddy signed the communication confirming the company's status.

Company Financial Position

Nettlinx Limited provided key financial details as part of the mandatory disclosure format:

Parameter: Details
Company Name: Nettlinx Limited
CIN: L67120TG1994PLC016930
Outstanding Borrowing (March 31, 2026): Nil
Credit Rating (Previous FY): Not Applicable
Stock Exchange for Fine Payment: NA

SEBI Framework Compliance

The company confirmed its non-applicability under the Large Corporate framework by referencing multiple SEBI guidelines. Nettlinx stated it does not meet the criteria specified under Chapter XII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as updated by the latest SEBI Circular dated October 19, 2023.

Implications for Investors

The disclosure indicates that Nettlinx Limited is exempt from specific regulatory requirements applicable to Large Corporates under SEBI's framework. With nil outstanding borrowings as of March 31, 2026, the company maintains a debt-free status, which influences its classification under the regulatory guidelines. This status affects the company's compliance obligations regarding debt securities issuance and associated disclosure requirements.

Historical Stock Returns for Nettlinx

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%-0.85%-5.26%-17.01%-50.78%-45.37%

What are Nettlinx Limited's future funding plans given its current debt-free status and exemption from Large Corporate borrowing requirements?

How might Nettlinx's regulatory classification change if the company pursues aggressive expansion or acquisition strategies in the coming years?

What competitive advantages could Nettlinx gain from its lighter regulatory compliance burden compared to Large Corporate peers in its sector?

More News on Nettlinx

1 Year Returns:-50.78%