P.M. Telelinnks Limited posts no revenue, Rs 13.38 lakh loss

P.M. Telelinnks Limited reported no revenue from operations and a Rs 13.38 lakh loss for the quarter ended September 30, 2026, compared with a Rs 7.90 lakh loss in the corresponding quarter a year earlier. The quarterly statement showed Rs 13.38 lakh of total expenses and no reported other income.

What did P.M. Telelinnks report for the September 2026 quarter?

P.M. Telelinnks reported a Rs 13.38 lakh loss for the quarter ended September 30, 2026. The filing shows no sale of goods, no revenue from operations and no other income for the quarter. With total income reported as nil, the Rs 13.38 lakh of expenses flowed through to the loss before tax and the loss for the period.

The September-quarter loss was Rs 5.48 lakh higher than the Rs 7.90 lakh loss reported for the quarter ended September 30, 2025. It also widened from a Rs 1.32 lakh loss in the immediately preceding quarter ended June 30, 2026. Basic and diluted loss per equity share from discontinued operations was Rs 0.13 for September 2026, compared with Rs 0.08 a year earlier and Rs 0.01 in June 2026.

The year-earlier quarter had Rs 94.65 lakh of other income, while September 2026 had none. Total expenses fell to Rs 13.38 lakh in the latest quarter from Rs 102.55 lakh a year earlier, but the absence of income meant that the company still recorded a larger loss. The filing does not report revenue from operations for either September quarter.

Which expenses drove P.M. Telelinnks' quarterly loss?

P.M. Telelinnks recorded Rs 13.38 lakh of total expenses during the September 2026 quarter, comprising Rs 6.45 lakh of employee benefits expense and Rs 6.93 lakh of other expenses. The statement shows no depreciation and amortisation expense, purchase of stock-in-trade or inventory-change amount for the quarter as presented in the profit and loss statement.

Employee benefits accounted for roughly half of the stated September-quarter expense base, with other expenses making up the remainder of the Rs 13.38 lakh total. Because the filing records neither sales nor other income for the three months to September 30, 2026, there was no reported income line to offset those costs.

The expense profile was different in the corresponding 2025 quarter, when total expenses were Rs 102.55 lakh and other income was Rs 94.65 lakh. That comparison shows that expenses fell by Rs 89.17 lakh year on year, while the reported other-income contribution fell by Rs 94.65 lakh. The resulting loss therefore increased despite the lower expense total.

How did P.M. Telelinnks perform in the first half of fiscal 2027?

P.M. Telelinnks reported a Rs 14.70 lakh loss for the period ended September 30, 2026, compared with a Rs 8.78 lakh loss for the period ended September 30, 2025. The six-month result combines the Rs 1.32 lakh loss for the June 2026 quarter and the Rs 13.38 lakh loss for the September 2026 quarter.

For the period ended September 2026, the company reported nil total income, against Rs 264.99 lakh of other income in the corresponding prior-year period. Total expenses were Rs 14.70 lakh, compared with Rs 273.77 lakh in the prior-year period. The larger half-year loss followed the disappearance of the prior-year income line, despite the reduction in reported expenses.

The filing also reports a Rs 3.88 crore loss for the year ended March 31, 2026. That annual figure is not directly comparable with the Rs 14.70 lakh loss for the period ended September 30, 2026 because one covers a full financial year and the other covers six months. The annual statement presents the loss under discontinued operations.

What changed in P.M. Telelinnks' balance sheet and cash position?

P.M. Telelinnks' total assets rose to Rs 5.02 crore as of September 30, 2026, from Rs 4.78 crore as of March 31, 2026. Current assets increased to Rs 4.79 crore from Rs 4.55 crore, while non-current assets remained Rs 22.63 lakh at both reporting dates. Trade receivables were Rs 4.39 crore at September 30, 2026, compared with Rs 4.41 crore at March 31, 2026.

Cash and cash equivalents increased to Rs 27.32 lakh at September 30, 2026 from Rs 2.38 lakh at March 31, 2026. The cash flow statement reports Rs 24.93 lakh of net cash generated by operating activities for the period ended September 30, 2026, with no investing cash-flow amount reported. The closing cash balance was therefore Rs 24.94 lakh above the March 31 level.

Total equity declined to Rs 4.56 crore at September 30, 2026 from Rs 4.75 crore at March 31, 2026. Equity share capital was unchanged at Rs 10.075 crore, while other equity was negative Rs 5.51 crore, compared with negative Rs 5.33 crore at March 31. Current liabilities rose to Rs 45.31 lakh from Rs 3.09 lakh, and the balance sheet reports Rs 25 lakh of current borrowings at September 30, 2026.

What did the auditor conclude on P.M. Telelinnks' results?

The auditor said nothing had come to its attention to indicate that P.M. Telelinnks' unaudited standalone results for the quarter ended September 30, 2026 were not prepared in accordance with the applicable accounting standards and disclosure requirements. Gupta Raj & Co., Chartered Accountants, issued its independent review report on November 13, 2026.

The report describes the engagement as a review rather than an audit. It says the work consisted primarily of inquiries of company personnel and analytical procedures, which provide less assurance than an audit. The auditor explicitly stated that it had not performed an audit and did not express an audit opinion.

The review report says the statement was prepared under Indian Accounting Standard 34, or Ind AS 34, Interim Financial Reporting, and in compliance with Regulation 33 of the Securities and Exchange Board of India listing regulations. It also says the Board of Directors approved the unaudited standalone statement for the September 30, 2026 quarter.

Conclusion

The September-quarter filing shows a company with no reported operating revenue or other income and a Rs 13.38 lakh loss, while the first-half loss reached Rs 14.70 lakh. Assets increased by Rs 23.68 lakh from March 31, 2026, helped by a higher cash balance, but current liabilities also rose by Rs 42.22 lakh and included Rs 25 lakh of current borrowings.

The unresolved matters to watch in later filings are whether P.M. Telelinnks records revenue from operations or other income after reporting nil total income for the period ended September 30, 2026, and how its Rs 4.39 crore trade-receivables balance changes. Subsequent disclosures can also show whether current borrowings and operating cash generation move from their September 30, 2026 levels.