Financial Deep Dive
AGS Transact Technologies Limited is battling severe financial distress, evidenced by its ongoing Corporate Insolvency Resolution Process (CIRP). The company reported a substantial loss of ₹70 crore in the fiscal year 2024 (FY24) on revenues of ₹1,043 crore [6, 25]. More recently, its financial health has continued to deteriorate, with the nine-month period of FY25 showing a loss of ₹165 crore [32].
Consolidated revenue for the third quarter (Q3) of FY25 stood at ₹2,095.95 million, a sharp drop from ₹3,737.48 million in the same quarter last year. The company posted a consolidated net loss of ₹1,942.64 million in Q3 FY25, a stark contrast to a profit of ₹151.72 million in the preceding quarter and a…