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SABTNL reported a consolidated net loss of Rs 1.85 Cr and standalone net loss of Rs 1.84 Cr for the recent quarter, with total income at Rs 0.37 Cr.

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Sri Adhikari Brothers Television Network LimitedSABTNL · Filed with the exchange

The company is divesting its 35.68% stake in subsidiary Westwind Realtors for Rs 18.20 Cr, leading to its cessation as a subsidiary.

Auditors raised a material uncertainty about the company's ability to continue as a going concern, citing high liabilities, low revenue, and ongoing losses.

Investors should note these significant financial challenges.

Read the original filing(PDF)

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