Sharpline Broadcast Limited reported a consolidated net profit of ₹790.15 lakh for the financial year ended March 31, 2026, a rise of 184% from ₹128.88 lakh in the previous year. Revenue from operations for the year increased to ₹10969.45 lakh, compared to ₹5759.77 lakh in FY25. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹448.34 lakh, while revenue from operations stood at ₹3725.45 lakh. On a standalone basis, net profit for the year was ₹332.97 lakh on revenue of ₹6663.14 lakh. The basic earnings per share (EPS) for the year on a consolidated basis was ₹4.40, up from ₹0.77 in the previous year.

The financial results were audited by BAS & CO. LLP, Chartered Accountants. The audit report confirmed that the results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards. The auditor noted that the consolidated financial statements include the financial information of subsidiary Unayur Marketing Private Limited based on management-certified accounts, as they were not audited by an independent auditor.

Key Financial Metrics (Consolidated)

During the year, the company allotted 11857140 equity shares of face value ₹10 each at an issue price of ₹14 per share towards the settlement of outstanding loans aggregating to ₹16.60 crore. This allotment increased the paid-up equity share capital by ₹11.86 crore and securities premium by ₹4.74 crore. The company also noted that it had availed unsecured loans from various lenders without formal documentation during the year.

Sharpline Broadcast Limited has disclosed that BSE Limited and Metropolitan Stock Exchange Limited have levied a financial penalty on the company for non-compliance with specific regulatory requirements. The exchanges imposed the fine due to the company's failure to adhere to Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Penalty

The regulatory action stems from the company not appointing a qualified Company Secretary as Compliance Officer for the quarter ended March 2026. Consequently, both stock exchanges imposed a fine of Rs. 88,500, inclusive of GST at 18%. The orders regarding the imposition of these fines were received by the company on May 20, 2026.

Financial Impact

In its filing, Sharpline Broadcast clarified that the financial impact of these orders is limited strictly to the amount of the penalty imposed. The company further stated that there is no material impact on its operations or other activities resulting from these regulatory actions.

The company has confirmed that it will remit the fine to the respective exchanges within the stipulated time period prescribed by the authorities.