Submission of Unaudited Financial Results and Limited Review Report for the quarter ended 30th September, 2025.
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Mediaone Global Entertainment Ltd reported nil revenue from operations for Q2 FY26 (ended September 30, 2025), down from Rs 210 lakhs in the same quarter last year. For the half year (H1 FY26), total income stood at zero compared with Rs 2,412.40 lakhs in H1 FY25. Total expenses for Q2 FY26 were Rs 46.55 lakhs, primarily depreciation (Rs 31.61 lakhs) and employee costs, leading to a net loss of Rs 46.55 lakhs for the quarter and Rs 111.50 lakhs for the half year. The balance sheet shows total assets of Rs 5,120.29 lakhs against a sharply negative net worth of Rs -3,192.74 lakhs, with reserves at Rs -4,664.74 lakhs and non-current borrowings of Rs 3,723 lakhs. Auditor Vivekanandan Associates issued an unmodified limited review report with no qualifications.
The company is showing serious financial stress: zero revenue, recurring losses, and deeply negative net worth mean it is entirely dependent on borrowings to sustain operations. Shareholders should treat this as a high-risk, going-concern situation with limited visibility on a turnaround.