Audited Financial Results along with Auditors Reports for the Quarter and Year ended March 31, 2026
Awaiting price reaction for this filing.
Sanguine Media Ltd's board approved its audited standalone financial results for Q4 and FY26 on June 9, 2026. Revenue from operations fell to ₹9.53 lakhs in FY26 from ₹12.25 lakhs in FY25, a decline of roughly 22%. The company reported a net loss of ₹0.41 lakhs in FY26, much narrower than the ₹15.98 lakhs loss in FY25. Q4 FY26 revenue was just ₹1.41 lakhs with a small loss of ₹0.70 lakhs. Total assets stood at ₹12,309 lakhs, supported mainly by ₹5,654 lakhs in trade receivables and ₹644 lakhs in cash. The statutory auditor K.S. Subrahmanyam & Co. issued an unmodified (clean) opinion with no qualifications or emphasis of matter. No related party transactions, no debt, and no loan defaults were reported.
Operations remain tiny and loss-making relative to the company's large balance sheet, with revenue continuing to shrink — a concern for shareholders, though the shrinking loss and clean audit offer limited comfort. The disconnect between near-zero revenue and large trade receivables worth investigating.