Zee Learn Q2 FY26: auditor flags going concern and qualified review
ZEELEARN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Zee Learn Q2 FY26: standalone revenue from operations rose to Rs. 4,871.62 lakhs vs Rs. 3,927.02 lakhs YoY. H1 FY26 revenue grew 20.9 percent to Rs. 13,660.48 lakhs, PAT up 58 percent to Rs. 2,141.12 lakhs. Auditor issued a qualified review report flagging material going concern uncertainty due to invoked corporate guarantees of Rs. 81,987.04 lakhs and pending insolvency petitions before NCLT. Operating cash flow was negative at minus Rs. 2,107.57 lakhs. H1 FY26 includes exceptional write-back of Rs. 4,057.68 lakhs from old debt. CEO Manish Rastogi retiring Nov 8 on superannuation. Liberium subsidiary divested for Rs. 20 lakhs.
Earnings look improved, but qualified audit, going concern flag, and pending insolvency risk from large invoked guarantees outweigh near-term positives.