Pursuant to Regulation 33 of SEBI (LODR), 2025, we hereby inform you that we are enclosing Financial results of fourth quarter as ended on 31.03.2025 of F.Y. 2024-25.
Awaiting price reaction for this filing.
Sahara One Media & Entertainment reported audited results for Q4 and FY25, with standalone total income collapsing to Rs 20.92 lakhs from Rs 47.37 lakhs in FY24 — a drop of about 56%. Standalone net loss widened sharply to Rs 60.72 lakhs (vs Rs 34.37 lakhs last year), while consolidated net loss narrowed to Rs 133.06 lakhs from Rs 195.45 lakhs. EPS on a standalone basis was Rs (0.30) versus Rs (0.21) earlier. The auditor (Gupta Rustagi & Co.) issued a Qualified Opinion flagging multiple serious issues: a long-running SEBI matter involving Rs 694 crore of OFCD-related deposits, stuck content advances of Rs 19.16 crore to producers, unrecovered debtors, dormant bank accounts, and expired TV content licence with a related party still using the content without a fresh agreement. Cash flow from operations was negative at Rs (5.70 lakh) for FY25. Trade payables climbed to Rs 47.55 crore from Rs 43.30 crore.
The auditor has explicitly raised a 'material uncertainty on going concern,' citing the company's inability to pay creditors, pending recoveries and weak operations. Shareholders should treat this as a high-risk filing — SEBI has already levied penalties, trading in the stock remains suspended, and promoter demat accounts face possible freezing. Near-term equity value looks highly uncertain given deepening standalone losses, collapsing revenue and unresolved legacy Sahara group legal matters.