Un-Audited Financial Results of the Company for the Third Quarter and Nine Months ended on 31st December 2025 along with the Auditor''s Limited Review Report
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Madhuveer Com 18 Network Limited reported its Q3 FY26 (Dec 2025) results along with a resignation and committee reconstitution. On a standalone basis, total income for Q3 FY26 was Rs. 783.52 lakhs vs Rs. 715.00 lakhs in Q3 FY25, while net profit jumped sharply to Rs. 336.35 lakhs from Rs. 60.51 lakhs. On a consolidated basis, Q3 FY26 total income fell to Rs. 2,123.58 lakhs from Rs. 3,786.70 lakhs a year ago, a decline of about 44%, though net profit after tax rose to Rs. 61.88 lakhs from Rs. 59.41 lakhs. For the nine months ended Dec 2025, consolidated total income dropped to Rs. 4,383.06 lakhs from Rs. 5,915.70 lakhs (around 26% decline), while PAT turned positive at Rs. 51.11 lakhs versus a loss of Rs. 71.78 lakhs in the same period last year. The auditor (Shah Sanghvi & Associates) issued an unqualified limited review report with no emphasis of matter. Additionally, Independent Director Mrs. Manorama Jitendra Shah resigned citing personal reasons/pre-occupation, and the Audit Committee, NRC, and SRC were reconstituted.
The consolidated revenue decline is a concern, but the swing back to profitability after a loss-making prior year is a positive for shareholders. The Independent Director resignation is routine (personal reasons, no material issues cited) and committee reconstitution has been completed, so governance continuity is maintained.