MTNL NSE filing

MTNL Announces Unaudited Financial Results for Quarter Ended September 30, 2025

The RealCase readHigh impact Negative

MTNL announces unaudited standalone financial results for the quarter and half-year ended September 30, 2025, with a loss before tax of ₹959.07 crore. The company is working on debt restructuring and merger with BSNL.

Why it matters

The substantial losses, loan defaults, and erosion of net worth, along with the 'Incipient Sick CPSE' status, suggest a high impact on the company's financial stability and future prospects.

The market read

The announcement highlights significant financial losses, erosion of net worth, and defaults in loan repayments, indicating a negative financial situation for the company.

* MTNL has announced the unaudited standalone financial results for the quarter and half-year ended September 30, 2025. * The Board of Directors approved the results in its meeting held on November 14, 2025. * Revenue from operations for the quarter stood at ₹174.48 crore, and total income was ₹205.14 crore. * The company reported a loss before tax of ₹959.07 crore for the quarter. * Loss per equity share (of ₹10 each) for continuing operations is ₹15.22 (basic and diluted). * The company's net worth has been fully eroded, and it has incurred a net cash loss during the quarter and period ended September 30, 2025, as well as in the previous year. Current liabilities exceeded current assets substantially. * MTNL has defaulted in repayment of certain installments of term loan amounting to ₹2,045 crore and interest on term loan amounting to ₹1,012 crore. * A Committee of Secretaries (COS) was constituted by the Government of India to examine matters such as asset monetization, AGR dues and debt restructuring for the merger of MTNL and BSNL. COS is reviewing options for solutions. * Claims with BSNL are subject to verification/reconciliation. * The company's billing server has been down since January 2024. * All loan accounts from banks have become Non-performing assets as on 30.09.2025 due to default in repayment of bank instalment/interest amounting ₹3,057 crore. The company has initiated discussion with the lender banks for possible resolution and settlement of such loans.

Filing to action

What to do with a filing like this

Mahanagar Telephone Nigam Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Mahanagar Telephone Nigam Limited. Read the original for the full detail.

View original filing