Sri Adhikari Bros. Tele Network
1,357.05
+42.75(+3.25%)
Market Cap₹3,443.25 Cr
PE Ratio-123.94
IndustryMedia
Company Performance:
1D+3.25%
1M+70.30%
6M+134.87%
1Y-24.00%
5Y+3,034.06%
View Company Insightsright
More news about Sri Adhikari Bros. Tele Network
14Aug 25
Sri Adhikari Bros. Tele Network Completes Resolution Plan Ahead of Schedule, Reports Q1 Results
Sri Adhikari Bros. Tele Network Limited (SABTNL) has completed its resolution plan a year ahead of schedule, paying off all financial and operational creditors. However, the company reported a net loss of ₹183.57 lacs for Q1 ended June 30, with revenue from operations declining to ₹3.47 lacs from ₹100.00 lacs in the previous year. SABTNL is focusing on collaborating with young talent and adapting to industry changes. The company has appointed a new Secretarial Auditor and approved the sale of its 35.68% stake in subsidiary Westwind Realtors Private Limited for ₹18.20 crores.
14Aug 25
Sri Adhikari Bros. Tele Network Reports Q1 Loss, Appoints New Auditor, and Plans Subsidiary Sale
Sri Adhikari Bros. Tele Network Limited (SABTNL) reported a standalone net loss of Rs. 183.57 lakhs for Q1, compared to a profit of Rs. 6.48 lakhs in the same quarter last year. Revenue from operations declined to Rs. 3.47 lakhs from Rs. 100.00 lakhs year-over-year. The company appointed CS Krina Gokulkumar Shah as Secretarial Auditor for a five-year term, subject to shareholder approval. SABTNL plans to sell its 35.68% stake in Westwind Realtors Private Limited to Sri Adhikari Brothers Assets Holding Private Limited for Rs. 18.20 crores. The sale includes premises shares and parking spaces in Adhikari Chambers Building, Mumbai. Auditors noted material uncertainty regarding SABTNL's ability to continue as a going concern.
Sri Adhikari Bros. Tele Network
1,357.05
+42.75
(+3.25%)
1 Year Returns:-24.00%
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