Outcome of the meeting of the Board of Directors held on Wednesday, May 14, 2025
Awaiting price reaction for this filing.
The Board of Sanguine Media Ltd approved standalone audited financial results for the quarter and full year ended March 31, 2025. Revenue from operations for FY25 stood at ₹12.25 lakhs, up from ₹8.60 lakhs in FY24 (~42% growth), though total income (including other income) was lower at ₹12.25 lakhs vs ₹18.10 lakhs last year. The company reported a net loss of ₹15.98 lakhs for FY25, a sharp improvement from a ₹410.15 lakh loss in FY24, which had included a large exceptional item of ₹400 lakhs. Q4 FY25 revenue was weak at ₹2.25 lakhs vs ₹9.50 lakhs in Q4 FY24. EPS stood at (₹0.36). Statutory auditor K.S. Subrahmanyam & Co. issued an unmodified (clean) opinion, and the company has zero outstanding debt or defaults.
The clean audit opinion and absence of debt are positives, but the company remains loss-making with negligible revenue and declining quarterly performance, signaling continued operational stress for shareholders. The dramatic loss reduction is largely a one-off effect of last year's exceptional item falling away rather than core profitability improvement.