Infomedia Press Q2FY27 Loss Widens to ₹80.14 Lakh, Net Worth Negative
Infomedia Press reported a net loss of ₹80.14 lakh for Q2 FY27, up from previous periods. Accumulated losses stand at ₹11,460.20 lakh, leading to negative net worth. The company, supported by its holding entity, is evaluating new business lines to continue as a going concern. The results were approved on October 27, 2026.
The significant financial losses, negative net worth, and ongoing concern about the company's ability to continue as a going concern have a substantial impact on its stakeholders.
The company reported a widening net loss and negative net worth, indicating a financially distressed situation.
Infomedia Press Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors, in a meeting held on October 27, 2026, approved these results. The company reported a net loss of ₹80.14 lakh for the quarter, a significant increase from the previous periods. For the half-year ended September 30, 2026, the net loss stood at ₹172.92 lakh.
The company's accumulated losses have reached ₹11,460.20 lakh, resulting in a negative net worth. The management is exploring options, including starting a new business line, and has received a support letter from its holding company, Network18 Media & Investments Limited, to ensure its continuation as a going concern. The financial results were prepared on this basis.
The meeting of the Board of Directors commenced at 4:30 p.m. and concluded at 5:15 p.m. The detailed financial results will be available on the company's website.
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