With reference to the subject captioned above, we hereby inform you that meeting of the Board of Directors of the company held on today i.e. Monday,10th November 2025, which commenced ....
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Awaiting price reaction for this filing.
Sea TV Network's board, at a meeting held on November 10, 2025, approved the un-audited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025. The company reported a net loss for both the quarter (standalone) and the half year, with total revenue from operations of around Rs 402 lacs for Q2 and Rs 760 lacs for H1. The statutory auditor (Doogar & Associates) issued a limited review report that highlighted a key concern: the company has not provided for interest of Rs 56.16 lacs (Q2) and Rs 110.04 lacs (H1) on its unsecured loans, which is not in line with Ind AS 109 rules. Had this interest been accounted for, the reported loss would have been higher by these amounts.
Negative for shareholders — the company is loss-making, and the auditor's flag means the actual loss is even larger than what's shown on paper. The accounting non-compliance on interest provisioning may also raise governance and debt-servicing concerns, putting pressure on the stock and on the company's ability to service its unsecured loans.