Nettlinx Limited , an Internet Service Provider (ISP), has reported a substantial loss for the quarter ended September 30, 2025. The company's financial results, approved by the Board of Directors on November 8, 2025, reveal a challenging period marked by significant losses and a major divestment.

Financial Performance

Nettlinx Limited posted a standalone loss of Rs. 509.66 lakhs for the quarter, a stark contrast to the profit of Rs. 212.66 lakhs recorded in the corresponding quarter of the previous year. The half-year results also reflected this downturn, with a standalone loss of Rs. 576.26 lakhs compared to a profit of Rs. 169.06 lakhs in the previous year.

Key Financial Metrics

All figures in Rs. lakhs, except EPS

Subsidiary Divestment

A significant development during this period was the sale of Nettlinx's entire investment in its subsidiary, Sri Venkateswararao Green Power Projects Limited. This transaction, completed on August 6, 2025, resulted in a consolidated loss of Rs. 460.20 lakhs, which has been reported as an exceptional item. Following this divestment, Sri Venkateswararao Green Power Projects Limited ceased to be a subsidiary of Nettlinx Limited.

Operational Challenges

The company's administrative expenses included a provision for bad debts amounting to Rs. 131.78 lakhs during the quarter, indicating potential issues with revenue collection or customer creditworthiness.

Segment Focus

Nettlinx Limited continues to primarily engage in ISP provider services, which remains its sole reportable business segment as per Ind-AS 108.

Management Commentary

Rohith Loka Reddy, Managing Director of Nettlinx Limited, signed off on the financial results. However, no specific management commentary on the company's performance or future outlook was provided in the available information.

Conclusion

The second quarter of FY26 has been particularly challenging for Nettlinx Limited, with significant losses and a major subsidiary divestment. The company's performance in the coming quarters will be crucial to watch, as it navigates through these financial difficulties.

Nettlinx Limited , a company primarily operating in the ISP and telecom services segment, has reported a significant decline in revenue and swung to a net loss for the first quarter, according to its latest financial results.

Financial Performance

The company's consolidated revenue for Q1 stood at ₹264.46 lakhs, marking a substantial 44.00% decrease from ₹472.48 lakhs reported in the same quarter of the previous year. This sharp decline in revenue highlights the challenges faced by the company in the current business environment.

Nettlinx Limited's bottom line also took a hit, with the company reporting a consolidated net loss of ₹48.24 lakhs for the quarter. This is in contrast to the net profit of ₹133.67 lakhs recorded in the corresponding quarter of the previous year, representing a significant downturn in profitability.

Standalone Results

On a standalone basis, the company's performance showed an even steeper decline. Standalone revenue fell by 56.20% to ₹100.80 lakhs compared to the previous year. The company also reported a standalone net loss of ₹15.29 lakhs, as opposed to a profit of ₹111.81 lakhs in the corresponding quarter of the last fiscal year.

Key Financial Metrics

The company's paid-up equity share capital remained unchanged at ₹2,417.66 lakhs.

Disclosure and Transparency

In compliance with regulatory requirements, Nettlinx Limited published these financial results in Business Standard and Nava Telangana newspapers on August 9. The company also made the newspaper publications available on its website, demonstrating its commitment to transparency and investor communication.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on August 7. The results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

As Nettlinx Limited navigates through these challenging times, investors and stakeholders will be closely watching the company's strategies to improve its financial performance and return to profitability in the coming quarters.