Tamilnadu Telecommunications Faces Going Concern Doubt

Tamilnadu Telecommunications Limited's Board of Directors approved the un-audited financial results for the first quarter ended June 30, 2026. However, the independent auditors have raised significant concerns regarding the company's ability to continue as a going concern. Accumulated losses stand at ₹253.45 crores, resulting in a negative net worth of ₹196.99 crores. The factory has been non-operational since 2017, with substantial overhauling costs for machinery, inability to secure raw material supply, and no new orders, casting doubt on the going concern assumption.