AGS Transact Technologies Ltd Reports Loss of INR 1,652 Mn in 9MFY25, Initiates Measures to Address Liquidity Challenges

AGS Transact Technologies Limited, an integrated omni-channel payment solutions provider in India, announced its unaudited Financial Results for the quarter and nine months ended December 31, 2024. The Company reported consolidated revenue from operations of INR 9,011 Mn and a loss of INR 1,652 Mn for 9MFY25. The company has encountered certain liquidity challenges including default in interest and principal repayments on certain borrowings, revision of credit ratings due to debt servicing delays, and lower revenue in the current quarter impacting liquidity and operations. The management is committed to implementing corrective measures to address these concerns swiftly and restore confidence. Constructive steps are being taken to address liquidity concerns, enhance operational efficiencies, and improve financial health.