Quarterly loss deepens and auditor flags going-concern uncertainty
INFOMEDIA · price
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The board approved unaudited results for the quarter and half year ended September 30, 2026. The company reported a quarter loss of Rs 80.14 lakh and a half-year loss of Rs 172.92 lakh. Accumulated losses reached Rs 11,460.20 lakh, leaving negative net worth of Rs 6,294.89 lakh. The auditor highlighted material uncertainty over the company's ability to continue operating, while noting support from holding company Network18.
Negative equity and continued losses create high risk. Holding-company support offers some protection, but shareholders face significant uncertainty.