Quarterly Result17 Apr 2026, 09:41 pm
Infomedia Press FY26 Net Loss ₹300.20 Lakh; Going Concern Doubt
AI Summary
Infomedia Press Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, on April 17, 2026. The statutory auditors issued an unmodified opinion on these results. However, the auditors highlighted a material uncertainty regarding the company's ability to continue as a going concern, citing a net loss of ₹300.20 lakh for FY26 and accumulated losses of ₹11,287.28 lakh, leading to a negative net worth. This uncertainty is partially mitigated by a support letter from Network 18 Media & Investments Limited, the parent company, assuring financial support for the foreseeable future.
Key Highlights
- Board approved audited financial results for Q4 and FY26 on April 17, 2026.
- Auditors issued an unmodified opinion on the financial results.
- Company reported a net loss of ₹300.20 lakh for FY26.
- Accumulated losses of ₹11,287.28 lakh resulted in negative net worth.
- Going concern uncertainty noted, but parent company provided financial support letter.