Infomedia Press Q1 FY27 results: Net loss Rs 92.78 lakh, going concern doubt

Going ConcernEmphasis Of MatterPat NegativeResults View source PDF

INFOMEDIA · price

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

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AI summary

Board approved unaudited Q1 FY27 results. Net loss of Rs 92.78 lakh vs Rs 81.29 lakh in Q4 FY26. Total income only Rs 0.24 lakh (other income). Company discontinued operations earlier, accumulated losses Rs 11,380.06 lakh, negative net worth. Auditor Chaturvedi and Shah flagged material uncertainty on going concern, conclusion not modified. Holding company Network18 has given support letter. Management evaluating new business lines.

Likely market impact

Going concern flagged by auditor. Negative net worth. Dependent on parent Network18 for support. No active operations.