Integrated Filing- Financial

Diligent Media Corporation Limited has announced a board meeting to discuss the integrated financial filings for the quarter and nine months ended December 31, 2024. The company reported a revenue of ₹171.25 crore for the quarter, with a total income of ₹77.88 crore, translating to a profit after tax of ₹25.42 crore.

However, the accumulated losses have surpassed paid-up capital, raising concerns about the company's ability to continue as a going concern.

This may impact investor confidence, as stakeholders evaluate the financial sustainability amid challenges in repaying inter-corporate deposits and preference share obligations.