The Board of Directors of the Company at its meeting held on Friday, 14th of November 2025 have approved the standalone unaudited financial results of the Company along with the limited ....
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The Board approved the unaudited standalone financial results for the quarter ended September 30, 2025, which show zero revenue from operations versus Rs 210 lakhs in the same quarter last year, a complete revenue wipeout across all three segments (Exhibition, Distribution, Production). The company swung from a net profit of Rs 44.89 lakhs in Q2 FY25 to a net loss of Rs 46.55 lakhs in Q2 FY26, taking the half-year loss to Rs 111.50 lakhs versus a profit of Rs 422.10 lakhs in H1 FY25. Other equity stands deeply negative at Rs (4,664.74) lakhs as of September 30, 2025, reflecting massive accumulated losses. Total liabilities of Rs 8,312.99 lakhs far exceed total assets of Rs 5,120.29 lakhs, indicating a severely stressed balance sheet. The statutory auditor (Vivekanandan Associates) issued an unmodified limited review report with no qualifications.
This is a deeply negative disclosure for shareholders: the company has generated no operating revenue this half-year, is reporting losses, and its liabilities exceed its assets with wiped-out shareholder equity. Investors should view this as a high-risk filing signalling serious financial distress and potential further dilution or restructuring risk.