Financial Results Summary

Quarter Ended 30th September 2026 (Unaudited)

  • Revenue from operations: ₹0.00
  • Total income: ₹0.00
  • Total expenses: ₹8.30 lakh
  • Employee benefits expense: ₹5.30 lakh
  • Other expenses: ₹3.00 lakh
  • Loss before tax: ₹(8.36) lakh
  • Tax expense: ₹0.00
  • Loss from continuing operations: ₹(8.36) lakh
  • Total comprehensive income: ₹(8.36) lakh
  • Basic and diluted EPS: ₹(0.30)

Half Year Ended 30th September 2026 (Unaudited)

  • Revenue from operations: ₹0.00
  • Total income: ₹0.00
  • Total expenses: ₹13.19 lakh
  • Employee benefits expense: ₹10.60 lakh
  • Other expenses: ₹2.59 lakh
  • Loss before tax: ₹(15.91) lakh
  • Tax expense: ₹0.00
  • Loss from continuing operations: ₹(15.91) lakh
  • Total comprehensive income: ₹(15.91) lakh
  • Basic and diluted EPS: ₹(0.53)

Comparative Financials

  • Paid-up equity share capital: ₹300.00 lakh (face value ₹10 per share) remained unchanged
  • Other equity: Negative ₹257.89 lakh as of 30th September 2026 (vs negative ₹241.98 lakh as of 31st March 2026)

Auditor's Emphasis of Matter

Statutory auditors B.L. Dasharda & Associates highlighted:

  • Fixed assets (Land, Building, Plant & Machinery, Electrical Installation) worth ₹52.35 lakh were taken over by Maharashtra State Financial Corporation (MSFC) on 18th November 1998 under Section 29 of State Financial Corporations Act, 1951
  • Company ceased to be owner of these assets but has not written them off from books
  • Secured loans outstanding: MSFC ₹103.76 lakh, SICOM Ltd ₹16.24 lakh as of 30th September 2026
  • Amount payable to MSFC and SICOM after adjusting fixed assets value is not ascertainable due to lack of relevant data
  • No depreciation provided on these assets
  • This matter could have significant impact on financial position

Financial Position (as at 30th September 2026)

Assets (₹ in lakhs)

  • Non-current assets: ₹235.35
  • Property, plant and equipment: ₹52.36
  • Investments: ₹23.10
  • Loans and advances: ₹153.57
  • Other financial assets: ₹4.25
  • Other non-current assets: ₹2.07
  • Current assets: ₹21.88
  • Trade receivables: ₹10.67
  • Cash and cash equivalents: ₹0.68
  • Loans and advances: ₹1.00
  • Other current assets: ₹9.52
  • Total assets: ₹257.23

Liabilities and Equity (₹ in lakhs)

  • Equity: ₹42.11
  • Share capital: ₹300.00
  • Other equity: Negative ₹257.89
  • Non-current liabilities: ₹207.85
  • Borrowings: ₹207.85
  • Current liabilities: ₹7.27
  • Trade payables: ₹7.22 (all to creditors other than micro/small enterprises)
  • Other current liabilities: ₹0.05
  • Total equity and liabilities: ₹257.23

Cash Flow Statement (Half Year Ended 30th September 2026)

  • Net cash used in operating activities: ₹(18.26) lakh
  • Net cash from financing activities: ₹17.55 lakh (proceeds from borrowings)
  • Net decrease in cash: ₹(0.71) lakh
  • Cash at beginning: ₹1.39 lakh
  • Cash at end: ₹0.68 lakh

Additional Notes

1. Financial results prepared in accordance with Ind AS 34

2. Company operates in single segment (media)

3. No provision for current and deferred tax due to carry forward losses

4. Labour Codes implementation impact being evaluated but not expected to be significant due to insignificant number of employees

5. Figures for previous periods have been regrouped/rearranged for comparability

Board Resolution Details

  • Meeting held on 06th November 2026 from 4:00 PM to 4:30 PM
  • Unaudited financial results reviewed by Audit Committee and approved by Board
  • Mr. Manish Shah (Executive Director) authorized to sign and submit results to stock exchange
  • Mr. Anil Nate (Manager) authorized to certify resolution