Siti Networks Limited — Others, 24-04-2025: Copy of Newspaper Publication

SITI Networks Limited reports a net loss of ₹529.02 million for the quarter and ₹1,421.70 million for the nine months ended December 31, 2024. The company's accumulated losses have reached ₹29,364.96 million, resulting in a negative net worth of ₹12,411.66 million and negative working capital due to current liabilities exceeding current assets by ₹16,474.65 million. This raises uncertainties regarding the company's ability to continue as a going concern, tied to the ongoing Corporate Insolvency Resolution Process (CIRP). Investor sentiment may be cautious, given the significant operational challenges and financial instability.