Sambhaav Media Limited , a prominent player in the media and entertainment sector, has reported mixed financial results for the second quarter ended September 30, 2025, while also announcing key management changes and strategic acquisition plans.

Financial Performance

For Q2 2025, Sambhaav Media reported a standalone net profit of ₹0.70 lakhs, a significant decrease from ₹26.20 lakhs in the same quarter last year. The company's revenue from operations stood at ₹900.45 lakhs, compared to ₹965.78 lakhs in Q2 2024.

For the half-year period ended September 30, 2025, the company's standalone net profit reached ₹25.87 lakhs, down from ₹103.63 lakhs in the corresponding period last year.

Management Reappointment

The Board of Directors has approved the reappointment of Manoj B. Vadodaria as Managing Director for a period of three years, effective January 28, 2026. Mr. Vadodaria, a self-made businessman, brings extensive experience and financial acumen to his role, which has been crucial in navigating the company through financial challenges and expansion plans.

Strategic Acquisition

Sambhaav Media has announced plans to increase its stake in Gujarat News Broadcasters Private Limited. The company plans to convert existing preference shares and compulsory convertible debentures (CCDs) into equity shares, which will increase Sambhaav Media's shareholding to 36.85%, making Gujarat News Broadcasters an associate company.

Key details of the acquisition include:

• Target Company: Gujarat News Broadcasters Private Limited
• Business: Operates Gujarati News TV Channel and provides broadcasting services
• Acquisition Method: Conversion of preference shares and CCDs to equity
• Conversion Price: ₹100 per share
• Additional Stake Acquired: 21.93%
• Total Shareholding Post-Acquisition: 36.85%

This strategic move is expected to enhance Sambhaav Media's presence in the television and news broadcasting segment of the media sector.

Ongoing Tax Proceedings

The company continues to face ongoing Income Tax assessment proceedings for the years 2021-22 and 2022-23. While management believes these developments are unlikely to significantly impact the company's financial position, the final outcome remains uncertain due to the nature and complexity of the matter.

Outlook

Despite the challenges reflected in the quarterly results, Sambhaav Media's strategic initiatives, including the planned acquisition and leadership continuity, indicate the company's focus on long-term growth and market positioning in the competitive media landscape.

Investors and stakeholders will be watching closely to see how these strategic moves impact the company's performance in the coming quarters, particularly in light of the evolving media consumption patterns and regulatory environment in India's broadcasting sector.

Sambhaav Media Limited , a diversified media company, has reported mixed financial results for the first quarter. The company's performance shows a contrast between its standalone and consolidated figures, reflecting the challenges and opportunities in the media and technology sectors.

Standalone Performance

On a standalone basis, Sambhaav Media has shown improvement in its financial metrics:

• Net Profit: The company reported a net profit of ₹0.70 lakhs, a significant turnaround from a loss of ₹0.26 lakhs in the same quarter last year.
• Revenue: Revenue from operations increased to ₹814.65 lakhs, up from ₹786.73 lakhs year-over-year, indicating a growth of about 3.55%.
• Total Income: The total income for the quarter stood at ₹852.70 lakhs, compared to ₹835.73 lakhs in the corresponding quarter of the previous year.

Consolidated Results

However, the consolidated results paint a different picture:

• Net Loss: The company recorded a consolidated net loss of ₹27.82 lakhs, which is higher than the loss of ₹14.68 lakhs in the previous year's corresponding quarter.
• Revenue: Consolidated revenue from operations increased to ₹922.53 lakhs from ₹913.58 lakhs year-over-year.
• Total Income: The total consolidated income for the quarter was ₹951.96 lakhs, slightly lower than ₹953.96 lakhs in the same quarter of the previous year.

Segment Performance

Sambhaav Media operates through two main segments:

1. Media and Allied Business: This segment generated revenue of ₹621.56 lakhs, up from ₹579.62 lakhs in the same quarter last year.
2. Technology and Allied Business: This segment reported revenue of ₹300.97 lakhs on a consolidated basis, down from ₹333.96 lakhs in the corresponding quarter of the previous year.

Other Key Highlights

• The company's finance costs have decreased significantly on a standalone basis, from ₹36.42 lakhs to ₹19.00 lakhs.
• Depreciation and amortization expenses have also reduced from ₹96.08 lakhs to ₹86.12 lakhs on a standalone basis.
• The company has one subsidiary, Ved Technoserve India Private Limited.

Ongoing Tax Assessment

Sambhaav Media disclosed that it is currently undergoing an Income Tax Department assessment following a search operation conducted in September 2021. The company has received notices for assessment years 2021-22 and 2022-23 and has filed necessary responses and appeals. The management believes that these developments are unlikely to have a significant impact on the company's financial position.

Management Commentary

Manoj B Vadodaria, Managing Director of Sambhaav Media Limited, stated, "Our Q1 results demonstrate the resilience of our core media business, which has shown growth despite challenging market conditions. While we've seen improvement in our standalone performance, we are actively working on strategies to enhance our consolidated results, particularly in our technology segment."

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting. The company's statutory auditors have issued an unmodified limited review report on the financial results.

Sambhaav Media Limited continues to navigate the evolving media and technology landscape, focusing on its core competencies while addressing challenges in its subsidiary operations.