The Sandesh Limited has informed the Exchange about change in Management
SANDESH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 16.6 pts more than Nifty Microcap 250 and 17.4 pts more than its Media peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved standalone and consolidated unaudited results for Q1 FY26 (quarter ended June 30, 2025). Standalone revenue from operations was Rs. 72.90 crore, slightly lower than Rs. 75.36 crore in Q1 FY25, but profit after tax rose to Rs. 58.34 crore from Rs. 50.49 crore, helped by other income of Rs. 54.67 crore that included Rs. 49.23 crore of investment gains. EPS stood at Rs. 77.12 for the quarter. The board fixed August 22, 2025 as the record date for the final dividend of Rs. 2.50 per share (recommended for FY24-25). Mr. Hardik Joshi was appointed as the new Company Secretary and Compliance Officer (KMP), and Smt. Pannaben Falgunbhai Patel was reappointed as a non-executive non-independent director, liable to retire by rotation. The board also approved the continuation of Shri Falgunbhai C. Patel as Chairman and Managing Director beyond age 70, subject to shareholder approval.
Profit growth looks strong but is largely supported by investment-related gains rather than core media operations, where revenue dipped slightly year-on-year. The stable promoter-led management and declared dividend are positive for shareholders, but investors should watch whether core media revenue recovers in coming quarters.