Sambhaav Media Reports Mixed Q1 Results: Standalone Profit Amidst Consolidated Loss
Sambhaav Media Limited reported mixed Q1 financial results. Standalone performance improved with a net profit of ₹0.70 lakhs and revenue growth of 3.55% to ₹814.65 lakhs. However, consolidated results showed a net loss of ₹27.82 lakhs, despite a slight increase in revenue to ₹922.53 lakhs. The media segment grew, while the technology segment declined. The company is undergoing an Income Tax Department assessment following a September 2021 search operation.