Board approves Q2 results, MD reappointment, and acquisition of news broadcaster
SAMBHAAV · price
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Sambhaav Media's board approved Q2 FY26 results with standalone revenue of 900.45 lakhs (down from 965.78 lakhs year on year) and a net loss of 15.24 lakhs against a profit of 26.20 lakhs year on year. Managing Director Manoj Vadodaria was reappointed for 3 years from January 28, 2026. The company will acquire an additional 21.93 percent in Gujarat News Broadcasters by converting preference shares and CCDs at INR 100 per share, taking its stake to 36.85 percent and making it an associate company.
Results slipped to a loss versus a profit a year ago; MD continuity and a strategic media acquisition support long-term growth even as near-term financials stay weak.