Siti Networks Limited — Board Meeting, 23-04-2025: Outcome of Board Meeting

Siti Networks Limited has announced a board meeting to discuss the financial results for the quarter and half-year ending December 31, 2024. In its recent financial report, the company reported a revenue from operations of ₹814.55 crore and incurred a net loss of ₹529.02 crore for the quarter. For the nine-month period, revenues reached ₹2,745.17 crore with a total loss of ₹1,421.70 crore. The declaring financial strains include accumulated losses of ₹29,346.96 crore, impacting its ability to operate as a going concern amidst ongoing Corporate Insolvency Resolution Process (CIRP).