Sea TV Network Limited has submitted the newspaper publication of its unaudited standalone and consolidated financial results for Q3FY26 to the Bombay Stock Exchange, following regulatory compliance requirements under SEBI Listing Regulations.

Regulatory Compliance Submission

The company formally submitted copies of its Q3FY26 financial results published in newspapers "Hindustan" and "Financial Express" to BSE on February 6, 2026. The submission was made by Company Secretary and Compliance Officer Karishma Jain, pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q3FY26 Financial Performance

The company's Q3FY26 results, approved by the Board of Directors on February 5, 2026, showed mixed performance across standalone and consolidated operations. Sea TV Network reported a standalone net loss of ₹61.19 lacs for the quarter ended December 31, 2025, representing a significant improvement from the ₹103.21 lacs loss recorded in the corresponding quarter of the previous year.

Consolidated Results and Auditor Observations

On a consolidated basis, the company reported a significantly higher net loss of ₹378.43 lacs for Q3FY26 compared to ₹26.17 lacs in the corresponding quarter of the previous year. Consolidated revenue from operations increased substantially to ₹480.09 lacs from ₹206.67 lacs.

Doogar & Associates, the company's statutory auditors, issued a qualified review report highlighting non-compliance with Ind AS 109 Financial Instruments. The auditors noted that the company failed to provide interest on unsecured loans amounting to ₹53.26 lacs for the quarter.

Corporate Information

Sea TV Network Limited operates from its registered office at 148, Manas Nagar, Shahganj, Agra-282010, with CIN: L61104UP2004PLC028650. The company maintains a paid-up equity share capital of ₹1,202.00 lacs with a face value of ₹10 per share.

Sea TV Network Limited, a media company, has released its unaudited financial results for the second quarter and half-year ended September 30, 2025, revealing significant auditor concerns regarding interest provisions on unsecured loans.

Financial Results and Auditor Concerns

The Board of Directors of Sea TV Network Limited approved the unaudited standalone and consolidated financial results in a meeting held on November 10, 2025. However, the company's auditors highlighted crucial issues in their limited review report:

• Non-provision of interest on unsecured loans amounting to Rs 56.16 lakhs for the quarter
• Non-provision of interest on unsecured loans totaling Rs 110.04 lakhs for the half-year

The auditors noted that this non-recognition of interest expense does not comply with IndAS 109 Financial Instruments requirements. They further emphasized that had the interest been provided, the company's losses would have been higher by the respective amounts.

Subsidiary Companies

The consolidated results include financial data from two subsidiary companies:

1. Jain Telemedia Services Limited
2. Sea News Network Limited

Board Meeting Details

Documents Submitted

As per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has submitted the following documents:

1. Limited Review Report on the Standalone and Consolidated Financial Results
2. Un-Audited Financial Results (Standalone & Consolidated) for the Second quarter/Half year ended September 30, 2025

Implications for Investors

The auditor's concerns regarding the non-provision of interest on unsecured loans raise questions about the company's financial reporting practices. Investors should carefully consider these issues when evaluating Sea TV Network's financial health and performance.

As the company has not provided the actual financial figures in the available information, investors are advised to review the detailed financial statements once they are made public to get a complete picture of Sea TV Network's financial position and performance for the quarter and half-year ended September 30, 2025.