Date: May 25, 2026
Board Meeting Outcomes
The Board of Directors meeting held on May 25, 2026 (5:00 PM to 8:45 PM) considered and approved the Standalone and Consolidated Audited Financial Results for the quarter and financial year ended March 31, 2026, as reviewed by the Audit Committee.
Financial Results (Standalone & Consolidated)
Standalone Financial Performance (₹ in Lakhs)
Year Ended March 31, 2026:
- Revenue from Operations: ₹4,405.25 (vs. ₹3,814.28 in FY2025)
- Net Profit: ₹425.80 (vs. ₹154.18 in FY2025)
- Total Comprehensive Income: ₹271.22
- Equity Share Capital: ₹4,152.66
- Other Equity: ₹23,523.06
- Money received against share warrants: ₹210.38
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹1,304.97
- Net Profit: ₹42.19
Consolidated Financial Performance (₹ in Lakhs)
Year Ended March 31, 2026:
- Revenue from Operations: ₹15,007.19 (vs. ₹13,595.87 in FY2025)
- Net Profit: ₹769.40 (vs. ₹1,224.26 in FY2025)
- Total Comprehensive Income: ₹390.10
- Equity Share Capital: ₹4,152.66
- Other Equity: ₹12,780.25
- Money received against share warrants: ₹210.38
- Non-controlling interest: ₹6,200.67
Quarter Ended March 31, 2026:
- Revenue from Operations: ₹4,292.63
- Net Profit: ₹417.80
Segment Performance (Year Ended March 31, 2026, ₹ in Lakhs)
Standalone:
- Audio-Visual Production and Distribution: Revenue ₹3,475.50, Result ₹528.16
- Leasing: Revenue ₹929.75, Result ₹771.42
Consolidated:
- Audio-Visual Production and Distribution: Revenue ₹1,880.34, Result (₹1,166.00)
- Leasing: Revenue ₹183.21, Result ₹123.88
- F.M. Radio: Revenue ₹483.99, Result ₹190.00
- F.M. Radio_Podcast: Revenue ₹323.36, Result ₹5.76
- Television Broadcasting: Revenue ₹11,226.07, Result ₹4,725.06
- Television Broadcasting-Content Syndication: Revenue ₹910.22, Result ₹275.01
Balance Sheet Highlights (March 31, 2026, ₹ in Lakhs)
Standalone:
- Total Assets: ₹34,163.22
- Non-current Assets: ₹26,344.61 (including Investments in subsidiaries ₹24,747.33)
- Current Assets: ₹7,818.61
- Total Equity: ₹27,886.10
- Total Liabilities: ₹6,277.12
Consolidated:
- Total Assets: ₹41,824.78
- Non-current Assets: ₹14,266.15
- Current Assets: ₹27,558.63
- Total Equity: ₹34,286.98 (including Non-controlling interest ₹6,200.67)
- Total Liabilities: ₹18,480.82
Cash Flow Statements (Year Ended March 31, 2026, ₹ in Lakhs)
Standalone:
- Net cash from operating activities: (₹917.20)
- Net cash from investing activities: (₹1.38)
- Net cash from financing activities: ₹1,940.70
- Net increase in cash: ₹1,022.12
Consolidated:
- Net cash from operating activities: (₹1,378.29)
- Net cash from investing activities: ₹186.56
- Net cash from financing activities: ₹1,403.94
- Net increase in cash: ₹212.21
Fundraising / Financing
The company received in-principle approval for issue of 20,000,000 warrants convertible into Equity Shares at ₹8.25 per warrant to a member of Promoter Group on preferential basis. On March 19, 2026, the Securities Committee allotted 20,000,000 warrants on receipt of 25% upfront money of ₹412.50 lakhs. Subsequently, on March 28, 2026, the company allotted 9,800,000 equity shares upon conversion of warrants after receiving 75% balance subscription amount of ₹606.38 lakhs. Total funds received: ₹1,018.88 lakhs, which remained unutilized in bank as of March 31, 2026.
Declaration of Unmodified Opinion
Company submitted declaration pursuant to Regulation 33(3)(d) of SEBI Listing Regulations confirming that audit reports on both standalone and consolidated financial results contain unmodified opinions.
Notes to Financial Results
1. Financial results prepared in accordance with Indian Accounting Standards (Ind-AS)
2. Company has six identifiable business segments: Audio-Visual Production and Distribution, Leasing, F.M. Radio, Podcast, Television Broadcasting, and Content Syndication
3. Quarter ended March 31, 2026 figures are balancing figures between audited full year and unaudited published year-to-date figures up to December 31, 2025
4. Previous periods' figures have been regrouped/reclassified where necessary