This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
Baba Arts FY26 Annual Report filed; control changed, revenue jumps 131%
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On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 2.2 pts more than its Film Production, Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Baba Arts filed its 27th Annual Report for FY 2025-26. Total income rose to INR 15.95 crore from INR 6.89 crore, a jump of about 131 percent. Net profit fell to INR 65.30 lakh from INR 143.84 lakh. Skybridge Interactive LLP took control via a share purchase on 25 Feb 2026. The entire board was reconstituted on 9 Oct 2026, with Ms. Vidya Pishe named new Managing Director. The 27th AGM is set for 3 Nov 2026 via video conferencing.
Change of control and full board reconstitution signal a major strategic shift. Revenue surged sharply while profit fell, pointing to higher costs or one-off expenses under new management.
The company's XBRL figures for this quarter look filed in the wrong unit: revenue reads ₹0.00 Cr against ₹3.53 Cr a year ago, about 10,000× smaller. A move that size is almost always a wrong unit, not a business, so nothing is computed from these figures and no number-based tags are set; the read above is the AI's, from the document.