Outcome of Board Meeting of Audited Financial Results for the quarter and year ended March 31, 2026
DIGIDRIVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Digidrive Distributors Ltd reported FY26 standalone profit after tax of Rs 664 Lakhs, up 27% from Rs 524 Lakhs in FY25, driven by higher other income (Rs 1,012 Lakhs vs Rs 796 Lakhs). Standalone revenue from operations declined marginally to Rs 2,750 Lakhs from Rs 2,784 Lakhs. On consolidated basis, the company reported lower performance with PAT of Rs 538 Lakhs (down 32% from Rs 791 Lakhs) and revenue of Rs 4,615 Lakhs (down 7% from Rs 4,978 Lakhs), impacted by losses in the Publication segment (Rs 58 Lakhs loss vs Rs 277 Lakhs profit in FY25). The subsidiary Open Media Network Limited contributed total revenue of Rs 1,865 Lakhs but posted a net loss of Rs 126 Lakhs. Statutory auditors issued an unmodified (clean) audit opinion for both standalone and consolidated results. The company recognized Rs 70 Lakhs as exceptional items for consolidated results (Rs 4 Lakhs standalone) due to new labour code provisions.
The standalone results show healthy profitability growth, but the consolidated picture is weaker due to the loss-making publication subsidiary. The clean audit opinion removes any going concern or qualification concerns, which is positive for investor confidence.