Aqylon Nexus Limited ( https://scanx.trade/company/sab-tv-ltd ) (formerly known as Sri Adhikari Brothers Television Network Limited) announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a significant operational turnaround. The company's board of directors approved these results during their meeting held on February 11, 2026, following the audit committee's recommendation.

Financial Performance Overview

The company reported a substantial improvement in its financial performance for Q3FY26. The quarter witnessed a remarkable shift from losses to profitability, with strong revenue growth across operations.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Aqylon Nexus Limited demonstrated consistent improvement in its operational metrics. The company achieved a profit of ₹1,375.10 lakhs compared to a loss of ₹2,249.11 lakhs in the corresponding period of the previous year.

Operational Highlights

The company's cost structure showed mixed trends during the quarter. Cost of material consumed decreased to ₹275.00 lakhs in Q3FY26 from ₹413.11 lakhs in the previous quarter, while finance costs reduced significantly to ₹34.06 lakhs from ₹58.83 lakhs quarter-on-quarter. Employee benefit expenses remained relatively stable at ₹4.16 lakhs.

Exceptional Items and Asset Sales

As per the Resolution Plan approved by the Hon'ble NCLT order dated December 8, 2023, the company sold several immovable properties located in Andheri during the nine-month period ended December 31, 2025. The profit on sale of such assets and other related costs amounting to ₹1,543.59 lakhs were recorded as exceptional items during the nine-month period.

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The company operates in a single segment of content production and distribution. The statutory auditors conducted a limited review of these financial results, and the same have been made available on the company's website and stock exchange platforms where the company's shares are listed.

The company maintains its paid-up equity share capital at ₹2,537.31 lakhs with a face value of ₹10 per share, remaining unchanged from the previous periods.

Aqylon Nexus Limited has entered into a strategic Memorandum of Understanding with MBuzz Technologies, Middle East, marking a significant step toward expanding its presence in the artificial intelligence and data centre infrastructure sectors. The collaboration aims to explore opportunities in AI solutions and hyperscale data centre development, positioning the company to capitalize on the growing global demand for AI-ready computing infrastructure.

Partnership Overview

The MoU establishes a framework for cooperation between Aqylon Nexus Limited and MBuzz Technologies, a global technology solutions provider and NVIDIA AI Factory Partner. The partnership focuses on evaluating and exploring opportunities across multiple technology domains.

Collaboration Areas

The proposed collaboration encompasses several key technology domains that align with current market trends in digital infrastructure:

• AI Platform Development: Exploration and development of AI-driven platforms, applications, and enterprise solutions
• Data Centre Infrastructure: Assessment of hyperscale and edge data centre projects, including AI-ready infrastructure
• Advanced Technologies: Leveraging high-performance computing and data centre ecosystems
• Geographic Expansion: Evaluation of joint opportunities across India, the Middle East, and other mutually agreed regions

Strategic Implications

The company believes this association may support the enhancement of its technological capabilities and strengthen its presence in emerging AI and digital infrastructure segments, aligning with its long-term strategic objectives. The collaboration envisages opportunities to expand the company's business and strengthen market participation in the rapidly growing AI and data centre sectors.

Regulatory Compliance

The MoU sets out a broad framework for cooperation and does not constitute a legally binding agreement. Any definitive agreements will be subject to mutual consent, due diligence, internal approvals, and compliance with applicable statutory and regulatory requirements. The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.