Advance Metering Technology Ltd — Results, 28-05-2025: Result

Advance Metering Technology Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company clarified a previous clerical error where an incorrect audit report was attached to its financial results and has since filed revised results with the correct audit report. The audited standalone and consolidated financial results show a net loss for the year ended March 31, 2025, with total assets and equity at approximately INR 101.07 Cr and INR 100.73 Cr respectively (converted where units were clear). No deferred tax assets or liabilities were recognized due to carried forward losses and unabsorbed depreciation. The company re-appointed M/s Daver Sikri & Co. as internal auditors for FY 2025-26 and appointed M/s Navneet K Arora & Co. LLP as secretarial auditors for five years, subject to member approval at the AGM. The consolidated results include three subsidiaries outside India, contributing modest revenues and losses; one erstwhile Indian subsidiary was dissolved in June 2024. Audit reports for both standalone and consolidated results are unmodified, reflecting no qualifications. These updates confirm ongoing governance and compliance strengthening, relevant for shareholders monitoring company fundamentals and governance.