Nettlinx News

Nettlinx Q3 FY26 Results: Revenue Drops 60.5% YoY

Nettlinx Limited reported Q3 FY26 total income of ₹323.60 lakhs, down from ₹724.31 lakhs in Q3 FY25. Net profit declined 69.3% to ₹56.34 lakhs despite operational improvements.

Nettlinx Limited Reports Quarterly Loss and Sells Subsidiary Company

Nettlinx Limited announced its quarterly results for the quarter and half year ended September 30, 2025. The company reported a standalone loss of Rs. 509.66 lakhs for the quarter compared to a profit of Rs. 212.66 lakhs in the previous corresponding quarter. For the half year, the standalone loss was Rs. 576.26 lakhs versus a profit of Rs. 169.06 lakhs in the previous year. The company completed the sale of its entire investment in subsidiary Sri Venkateswararao Green Power Projects Limited on August 6, 2025, resulting in a consolidated loss of Rs. 460.20 lakhs shown as an exceptional item. Following this transaction, Sri Venkateswararao Green Power Projects Limited ceased to be a subsidiary. The company's administrative expenses included bad debts provision of Rs. 131.78 lakhs during the quarter. Nettlinx Limited is primarily engaged in ISP provider services and the results were approved by the Board of Directors on November 8, 2025.

Nettlinx Limited Reports 44% Revenue Decline and Swings to Loss in Q1 FY2026

Nettlinx Limited reported consolidated revenue of ₹264.46 lakhs in Q1 FY2026, declining 44% from ₹472.48 lakhs in the previous year. The company swung to a consolidated net loss of ₹48.24 lakhs compared to a net profit of ₹133.67 lakhs in Q1 FY2025. On standalone basis, revenue fell 56.2% to ₹100.80 lakhs with a net loss of ₹15.29 lakhs versus a profit of ₹111.81 lakhs in the prior year. The company operates primarily in ISP and telecom services segment. Paid-up equity share capital remained unchanged at ₹2,417.66 lakhs. The company published these financial results in Business Standard and Nava Telangana newspapers on August 9, 2025.

Nettlinx Limited Re-appoints Jeeten Anil Desai as Independent Director for Second 5-Year Term

Nettlinx Limited's Board of Directors approved the re-appointment of Mr. Jeeten Anil Desai as an Independent Director for a second term of 5 years, effective from November 9, 2025 to November 8, 2030. The decision was made based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Desai holds a management certificate from the Indian School of Business and is a partner with the Angaros Group. He previously worked as an Electronics Engineer in telecommunications across India, Belgium and New Zealand, with his last role as Product Manager at Alcatel-Lucent New Zealand. He is not related to any Director, KMP or Promoters of the company and does not hold any equity shares in Nettlinx Limited.

Nettlinx Limited Reports Q2 2025 Loss, Announces Board Changes and AGM Date

Nettlinx Limited's board approved unaudited financial results for the quarter ended June 30, 2025, showing a standalone loss of Rs 48.24 lakhs compared to a profit of Rs 136.18 lakhs in the previous quarter. Consolidated loss stood at Rs 48.33 lakhs versus a loss of Rs 15.29 lakhs in the prior quarter. The company's standalone income from operations decreased to Rs 284.46 lakhs from Rs 604.39 lakhs in the previous quarter. The board approved several key changes including the resignation of two independent directors - Mr. Sreenivasa Rao Kurra and Mr. Satya Raja Shakar Praharaju Kurra - due to professional responsibilities and personal reasons. The company also approved the re-appointment of Mr. Jeeten Anil Desai as an independent director for a five-year term starting November 9, 2025. Additionally, the board appointed M/s. Aakanksha Dubey & Co. as the new secretarial auditor for five years and shifted the registered office within local limits. The 32nd Annual General Meeting has been scheduled for September 23, 2025, to be held through video conferencing.