Sambhaav Media Limited has informed the Exchange about Appointment of Mr. Nishant Gadhavi as programming Head categorized as Senior Management Personnel
SAMBHAAV · price
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Sambhaav Media Limited reported Q4 FY26 standalone revenue of Rs 1,133.71 lakhs and full year revenue of Rs 3,867.30 lakhs, up 3.3% YoY. Consolidated revenue for FY26 stood at Rs 4,310.08 lakhs. The company reported a standalone net profit of Rs 44.40 lakhs for FY26, significantly lower than Rs 146.91 lakhs in FY25. The board approved appointment of Mr. Nishant Gadhavi as Programming Head (Senior Management Personnel) and appointed M/s. MBD & Co LLP as internal auditor for FY27. Statutory auditors issued unmodified opinions on both standalone and consolidated results.
Net profit declined substantially by 70% YoY, indicating operational challenges despite marginal revenue growth. The appointment of a new programming head may signal content strategy changes. Overall, the results appear weak and could negatively impact investor sentiment.