The board approved unaudited financial results for Q1 ending June 30, 2026, and declared an interim dividend of [amount context mismatch] per share, reflecting confidence in early-year performance and commitment to shareholder returns.
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Sign up to read summaryTamilnadu Telecommunication Limited reported audited standalone financial results for the year ended 31 March 2026 showing revenue of โน7,07,120 crores and net profit of โน3,68,669 crores. The company recorded a 69.9% year-on-year growth in revenue and a 69.9% increase in net profit compared to the previous year. However, the financial statements reveal a negative net worth of โน1,93,57,878 crores due to accumulated losses of โน2,50,03,609 crores, raising concerns about the going concern assumption. The Board approved the results on 29 May 2026, but the auditors issued an adverse opinion citing material uncertainty over the company's ability to continue as a going concern.
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