Khyati Multimedia Entertainment Limited returned to profitability in the financial year ended March 31, 2026, posting a net profit of ₹18.82 lakh compared to a net loss of ₹91.44 lakh in the previous year. The turnaround was driven by a sharp reduction in total expenses, which fell to ₹21.84 lakh from ₹314.23 lakh in FY25. Revenue from operations for the year stood at ₹51.61 lakh, while other income contributed ₹0.61 lakh.

For the quarter ended March 31, 2026, the company reported a net profit of ₹30.10 lakh on a total income of ₹51.61 lakh. The Board of Directors adopted the audited financial results during its meeting held on May 28, 2026. The company operates in a single segment and does not require separate segment-wise reporting.

Financial Performance

The company's earnings per share (EPS) for the full year improved to ₹0.17 from a loss of ₹0.85 in the prior year. On a standalone basis, the basic and diluted EPS for the quarter ended March 31, 2026, was recorded at ₹0.28. The paid-up equity share capital remained constant at ₹1,080.02 lakh with a face value of ₹10 per share.

Audit Qualifications

M/s. MAAK & Associates, Statutory Auditors, issued a qualified opinion on the financial results. Key qualifications included an advance of ₹2,08,75,000 paid against land where registration has not been completed and supporting documents were not provided. Auditors also noted that the company organized a Polo Championship event, which may fall outside the scope of its Memorandum of Association, and that revenue recognition from this event lacked alignment with Ind AS 115 requirements due to insufficient audit evidence.

Additionally, the auditors highlighted that certain advances from customers outstanding for more than 365 days may be deemed deposits under the Companies Act, 2013. The company has not complied with relevant provisions regarding acceptance of deposits, and the potential liability impact has not been determined by management.

Khyati Multimedia-Entertainment Ltd has announced that its board of directors will meet on May 28, 2026, to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2026. The meeting is scheduled to take place at the Registered Office in Ahmedabad at 5:30 PM.

The board will deliberate on the audited financial results prepared on the IND AS Stand-Alone basis for the quarter and year ended March 31, 2026. Along with the financial results, the directors will review the draft of the auditors' report, including their observations and comments, and discuss the management's explanation regarding the same.

Agenda Highlights

The agenda for the meeting includes several key regulatory and compliance items. The board will take note of annual disclosures of interest made by directors and declarations regarding their eligibility to continue as independent directors. It will also review the shareholding details of directors and promoters for the year 2025-26.

Compliance and Certifications

The directors will review various compliance certificates, including the CEO/CFO and CS certificate for the year ended March 31, 2026, confirming adherence to Stock Exchange and other regulatory compliances. They will also take note of the PCS Certificate for the non-disqualification of directors.

Furthermore, the board will consider the audited financial statements of the company for the financial year ended March 31, 2026, along with the draft of the secretarial auditor's report. The approval of related party transactions entered into by the company from October 1, 2025, to March 31, 2026, is also on the agenda.

Annual General Meeting Preparations

In preparation for the upcoming Annual General Meeting, the board has authorized Chairman and Managing Director Mr. Kartik J Patel to fix the record date, book closure dates, and the venue for the AGM. He is also authorized to finalize the depository for e-voting purposes and appoint scrutinizers for the e-voting process.