Q3 FY26 results: auditor flags going concern doubt, PAT turns negative

Going-concern doubtQualified audit opinionRevenue declinedNet loss reportedContingent liabilities increasedResults View source PDF Explain this filing

DNAMEDIA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹3.80

prior close

₹3.87

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-2.7% vs market

Media peers, median of 18sector · industry level-0.6%-2.5% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.5 pts less than its Media peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.1

10m

-0.3

15m

-0.5

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.2-0.5-2.7-0.6-2.5

Next day

-6.6-2.0-4.6-2.2-4.3

-7.9-2.7-5.2-2.5-5.4

-7.6-1.7-5.9-1.3-6.3

-7.4-1.4-5.9-1.9-5.5

-7.9-2.8-5.1-3.7-4.2

-8.7-2.8-5.8-3.4-5.3

15d

-10.0-8.4-1.6-9.0-1.0

-13.2-9.1-4.1-10.6-2.6

-16.8-4.0-12.8-7.8-9.0

-23.4+2.6-26.1-2.5-20.9

UpDownMarket · Nifty Microcap 250Sector · Media peers, median of 18Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Diligent Media Corp (DNA Media) reported Q3 FY26 revenue of Rs 140.76 lakhs, down 18% YoY. Nine-month revenue fell 35% to Rs 488.39 lakhs. PAT swung to a loss of Rs 29.78 lakhs from a profit of Rs 254.25 lakhs. Auditor MGB issued a qualified conclusion and flagged material going concern uncertainty, as accumulated losses exceed paid-up capital. Key issues include Rs 17,340 lakhs ICDs in arbitration with VIPL, and a Rs 3,390.68 lakhs GST demand.

Likely market impact

Auditor qualified opinion and going concern flag raise red flags. Rs 3,390 lakhs GST demand and continued losses are negative for shareholders.