Board Meeting Details

The Board of Directors meeting was held on August 04, 2026, commencing at 12:00 P.M. and concluding at 12:40 P.M.

Key Business Transacted

1. Approved Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI LODR.

2. Took on record the Limited Review Report of S.R. Batliboi & Co. LLP, Chartered Accountants (Statutory Auditors) on the above financial results.

Consolidated Financial Results (INR in Lakhs)

Quarter Ended June 30, 2026 (Unaudited) vs. Comparatives:

Income:

  • Revenue from operations: ₹19,718 (vs. ₹16,460 in Q1 FY26 and ₹21,553 in Q4 FY26)
  • Other income: ₹4,688 (vs. ₹2,672 in Q1 FY26 and ₹1,396 in Q4 FY26)
  • Total income: ₹24,406 (vs. ₹19,132 in Q1 FY26 and ₹22,949 in Q4 FY26)

Expenses:

  • Cost of materials consumed: ₹6,471
  • Changes in inventories: (₹13)
  • Employee benefits expense: ₹3,504
  • Finance costs: ₹227
  • Depreciation and amortization: ₹378
  • Other expenses: ₹6,929
  • Total expenses: ₹17,496

Profitability:

  • Profit before tax from continuing operations: ₹6,910 (vs. ₹3,002 in Q1 FY26 and ₹7,196 in Q4 FY26)
  • Total tax charge from continuing operations: ₹1,347
  • Profit after tax from continuing operations: ₹5,563 (vs. ₹2,607 in Q1 FY26 and ₹6,188 in Q4 FY26)
  • Loss after tax from discontinued operations: (₹446) (vs. loss of ₹1,583 in Q1 FY26 and loss of ₹3,440 in Q4 FY26)
  • Profit for the period from continuing and discontinued operations: ₹5,117 (vs. ₹1,024 in Q1 FY26 and ₹2,748 in Q4 FY26)
  • Total comprehensive income for the period: ₹5,391

Earnings Per Share (Face value ₹10, not annualized):

  • Continuing operations (Basic & Diluted): ₹7.55
  • Discontinued operations (Basic & Diluted): (₹0.61)
  • Continuing and discontinued operations (Basic & Diluted): ₹6.95

Standalone Financial Results (INR in Lakhs)

Key Standalone Figures for Quarter Ended June 30, 2026:

  • Revenue from continuing operations: ₹19,718
  • Profit before tax from continuing operations: ₹6,880
  • Profit after tax from continuing operations: ₹5,533
  • Loss after tax from discontinued operations: (₹446)
  • Profit after tax from continuing and discontinued operations: ₹5,087

Earnings Per Share (Standalone, Face value ₹10, not annualized):

  • Continuing operations (Basic & Diluted): ₹7.51
  • Discontinued operations (Basic & Diluted): (₹0.61)
  • Continuing and discontinued operations (Basic & Diluted): ₹6.90

Discontinued Operations

On March 26, 2026, the Board decided to discontinue the OTTplay business effective March 31, 2026 (new subscription packs were not offered from this date). Financial results have been presented in accordance with Ind AS 105.

Financial Results of Discontinued Operations (Consolidated, INR in Lakhs):

  • Total income: ₹707 (for Q1 FY27)
  • Total expenses: ₹1,262 (for Q1 FY27)
  • Loss before tax: (₹555) (for Q1 FY27)
  • Tax credit: (₹109)
  • Loss after tax: (₹446)

Subsidiary Information

HT Noida (Company) Limited (HTNL) is included in the consolidation. HTNL has positive net worth and positive net working capital as of June 30, 2026, but its standalone financial results are prepared on a basis that the entity is not a going concern as it has no business operations, operating cash flows, or definitive business plans.

Auditor Review

S.R. Batliboi & Co. LLP conducted a limited review of both standalone and consolidated results in accordance with SRE 2410 and issued an unmodified review conclusion, stating nothing came to their attention to believe the statements contain material misstatements.

Additional Information

The figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and published year-to-date figures up to December 31, 2025.