Diligent Media Corporation Limited has informed the Exchange about Copy of Newspaper Publication
DNAMEDIA · price
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Awaiting price reaction for this filing.
Diligent Media Corporation Limited (publisher of DNA newspaper) has submitted copies of newspaper clippings advertising its unaudited financial results for the first quarter ended June 30, 2025. The results were originally filed on July 30, 2025 and have now been published in Free Press Journal (English) and Navshakti (Marathi) on August 1, 2025, as required under SEBI LODR Regulations. The company reported total income from operations of Rs. 786.7 lakhs for Q1 FY26, down sharply from Rs. 1,319.10 lakhs in Q4 FY25. The company swung to a net loss of Rs. 188.60 lakhs in Q1 FY26, compared to a profit of Rs. 245.26 lakhs in Q1 FY25 and Rs. 398.11 lakhs in Q4 FY25. Basic and diluted EPS for the quarter stood at Rs. (0.18) versus Rs. 0.21 in the year-ago quarter. The results were reviewed by the Audit Committee and approved by the Board, with a limited review conducted by statutory auditors.
The quarter-on-quarter and year-on-year decline in revenue, combined with a swing to losses, is a negative signal for shareholders. The continued quarterly losses may put pressure on the stock price and raise concerns about the company's near-term profitability in the print media business.