Shyam Telecom Limited , a player in the Indian telecommunications sector, has released its unaudited financial results for the quarter and half-year ended September 30, 2025. The company's board of directors convened on November 14, 2025, to approve these results, which paint a picture of ongoing financial challenges.

Financial Performance

The company's financial performance for the quarter ended September 30, 2025, reflects significant challenges:

Shyam Telecom reported a revenue from operations of ₹3.31 lakhs for Q2 2025, marginally higher than ₹3.29 lakhs in the same quarter last year. However, the total expenses for Q2 2025 stood at ₹87.99 lakhs, resulting in a loss before tax of ₹84.68 lakhs.

Going Concern Uncertainty

Shyam Telecom faces significant challenges that raise doubts about its ability to continue as a going concern:

1. Eroded Net Worth: The company's net worth has been fully eroded.
2. Cash Losses: The company has incurred net cash losses during the current quarter.
3. Liabilities Exceed Assets: Current liabilities substantially exceed current assets.

Despite these challenges, the company's financial results have been prepared on a going concern basis as operations continue.

Balance Sheet Overview

As of September 30, 2025, Shyam Telecom's financial position shows:

The negative equity of ₹3,240.74 lakhs as of September 30, 2025, underscores the company's financial distress.

Auditor's Observations

The independent auditor's review report highlights the material uncertainty regarding the company's ability to continue as a going concern. However, the auditor's conclusion remains unmodified in respect to this matter.

Conclusion

While Shyam Telecom continues its operations, the company faces significant financial hurdles. The management's ability to address these challenges will be crucial in the coming quarters. Investors and stakeholders should closely monitor the company's future announcements and financial performance as it navigates through these challenging times.

Shyam Telecom Limited , a telecommunications company, has released its financial results for the first quarter, revealing significant challenges in its operations and financial health.

Financial Performance

The company reported no revenue from operations for the quarter, indicating a complete halt in its primary business activities. The only income generated was ₹3.57 lakh from other sources, which was insufficient to cover the company's expenses.

Shyam Telecom's total expenses for the quarter amounted to ₹398.29 lakh, resulting in a net loss of ₹394.58 lakh. This translates to a loss per share of ₹3.50.

Financial Position

The financial results paint a concerning picture of Shyam Telecom's financial health:

• The company's net worth has been fully eroded.
• Current liabilities substantially exceed current assets.
• The company incurred a net cash loss during the quarter.

Despite these challenges, the management continues to prepare financial results on a going concern basis, indicating their intention to continue operations.

Breakdown of Expenses

The major components of the company's expenses for the quarter were:

Annual General Meeting Arrangements

In other corporate matters, the Board of Directors has approved arrangements for the 32nd Annual General Meeting (AGM) of the company. Key points include:

1. The AGM will be held via video conferencing or other audio-visual means.
2. M/s Soniya Gupta & Associates, Practicing Company Secretaries, have been appointed as scrutinizers for the e-voting process.
3. NSDL (National Securities Depository Limited) has been appointed to manage the electronic voting process.

Auditor's Review

The independent auditor's limited review report highlights the material uncertainty regarding the company's ability to continue as a going concern, given the fully eroded net worth and the substantial excess of current liabilities over current assets.

Outlook

The absence of operational revenue and the significant net loss pose serious challenges for Shyam Telecom. The company's ability to turn around its operations and improve its financial position will be crucial for its future sustainability. Investors and stakeholders will likely be watching closely for any strategic initiatives or restructuring plans that the company may undertake to address these financial difficulties.