Appointment of Internal Auditor and Senior Management Personnel
SAMBHAAV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sambhaav Media's Board approved audited Q4 and FY2026 financial results (standalone net profit: Rs 6.93 lakh for Q4, Rs 44.40 lakh for FY; consolidated net profit: Rs 21.59 lakh for Q4, Rs 8.19 lakh for FY). The company appointed M/s. MBD & Co LLP as its new Internal Auditor for FY 2026-27, replacing the previous firm. Additionally, Mr. Nishant Gadhavi was appointed as Programming Head (Senior Management Personnel). Standalone revenue grew marginally to Rs 3,867.30 lakh from Rs 3,745.25 lakh, but net profit dropped significantly from Rs 146.91 lakh to Rs 44.40 lakh year-on-year. Statutory auditors issued unmodified opinions. The company also has one subsidiary (Ved Techno Serve) and one associate (Gujarat News Broadcaster).
The appointment of a new internal auditor is routine; however, the significant profit decline (down ~70% standalone) may concern investors. The stock may see mild negative reaction due to lower earnings despite stable revenue growth.