Perfect-Octave Media Projects appointed M. G. Subramaniam as Company Secretary and Compliance Officer effective August 24, 2026.

The Board of Directors approved the appointment at its meeting held on August 24, 2026, based on the recommendation of the Nomination and Remuneration Committee. The move complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Subramaniam brings over 35 years of experience as a legal and secretarial professional. His career includes tenures with major groups such as Godrej, Tatas, and Pfizer. He possesses extensive experience in manufacturing and service sectors, including cosmetics, pharmaceuticals, and FMCG.

The company disclosed that Subramaniam holds no other directorships or committee memberships at present. The appointment replaces the previous compliance officer role, ensuring continuity in regulatory adherence for the listed entity.

Perfect Octave Media Projects Ltd reported a net profit of ₹92.21 lakh for the financial year ended March 31, 2026, a substantial increase compared to ₹1.10 lakh in the previous year. The bottom line was bolstered by an exceptional item of ₹226.76 lakh, representing a balance write-off payable to a party as per a mutual agreement. The board of directors approved the audited financial results for the quarter and fiscal year during a meeting held on May 28, 2026. The company's statutory auditors provided an unmodified opinion on the annual audited standalone financial results.

Financial Performance

The company's revenue from operations for FY26 stood at ₹26.28 lakh, down from ₹76.80 lakh in the previous year. Total income for the year was ₹26.99 lakh, compared to ₹77.05 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net loss of ₹26.00 lakh. Revenue from operations for the quarter was ₹6.80 lakh, while total income was negative at ₹(219.38) lakh due to other income of ₹(226.18) lakh.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, were ₹1,278.53 lakh, up from ₹1,216.33 lakh in the previous year. Equity share capital remained constant at ₹3,470.01 lakh. Total current liabilities decreased to ₹328.99 lakh from ₹358.90 lakh in the prior year. Borrowings reduced significantly to ₹158.77 lakh from ₹331.30 lakh.

Cash Flow and Audit

Net cash generated from operating activities for FY26 was ₹15.54 lakh, an improvement from a net outflow of ₹(7.98) lakh in the previous year. Cash and cash equivalents at the end of the period stood at ₹2.94 lakh. Gupta Raj & Co, Chartered Accountants, audited the financial results and confirmed they were prepared in compliance with Indian Accounting Standards and SEBI regulations.