StockWatch
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Telecom - Cellular & Fixed line services
Quarterly Result11 Aug 2026, 04:12 pm

Quadrant Televentures Declares Un-audited Q1 FY27 Results

AI Summary

Quadrant Televentures Limited has declared its un-audited financial results for the quarter ended June 30, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) since September 2, 2025. The Resolution Professional has taken on record the financial results. The independent auditor's review report highlights significant uncertainties regarding the company's ability to continue as a going concern due to continuous losses, eroded net worth, excess of current liabilities over current assets, and defaults on borrowings. The financial results do not adjust for these uncertainties.

Key Highlights

  • Un-audited financial results for Q1 FY27 declared.
  • Company is under Corporate Insolvency Resolution Process (CIRP).
  • Auditors express doubt on going concern ability.
  • Continuous losses and eroded net worth noted.
  • Liabilities exceed assets; defaults on borrowings.