Integrated Filing — IndAS



General information about company
Scrip Code 540789
NSE Symbol DNAMEDIA
MSEI Symbol NOTLISTED
ISIN INE016M01021
Name of company DILIGENT MEDIA CORPORATION LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Digital Media
Start date and time of board meeting 27-May-2025   16:30:00
End date and time of board meeting 27-May-2025   18:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-03-28
Indicate Company website link for updated RPT policy of the Company https://www.dnaindia.com/investors/regulation-46.html
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 56618000 131919000
Other income 13794000 137292000
Total income 70412000 269211000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 10129000 44968000
(e) Finance costs 1068000 8797000
(f) Depreciation, depletion and amortisation expense 328000 1328000
(f) Other Expenses
1 Marketing, Distribution and business promotion Exp 11047000 25986000
2 Rates and Taxes 549000 17259000
3 Other Expenses 8148000 32157000
Total other expenses 19744000 75402000
Total expenses 31269000 130495000
3 Total profit before exceptional items and tax 39143000 138716000
4 Exceptional items 0 0
5 Total profit before tax 39143000 138716000
6 Tax expense
7 Current tax 0 0
8 Deferred tax -668000 2531000
9 Total tax expenses -668000 2531000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 39811000 136185000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 39811000 136185000
17 Other comprehensive income net of taxes 256000 228000
18 Total Comprehensive Income for the period 40067000 136413000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 117708000 117708000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.34 1.16
Diluted earnings (loss) per share from continuing operations 0.34 1.16
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.34 1.16
Diluted earnings (loss) per share from continuing and discontinued operations 0.34 1.16
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 656000
Capital work-in-progress 0
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 0
Deferred tax assets (net) 65144000
Other non-current assets 8277000
Total non-current assets 74077000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 143137000
Cash and cash equivalents 16477000
Bank balance other than cash and cash equivalents 6000000
Loans, current 1595500000
Other current financial assets 479324000
Total current financial assets 2240438000
Current tax assets (net) 27041000
Other current assets 2053000
Total current assets 2269532000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 2343609000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 117708000
Other equity -2555312000
Total equity attributable to owners of parent -2437604000
Non controlling interest
Total equity -2437604000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 4362656000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities
Total non-current financial liabilities 4362656000
Provisions, non-current 27095000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 4389751000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 68000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 19002000
Total Trade payable 19070000
Other current financial liabilities 305953000
Total current financial liabilities 325023000
Other current liabilities 66359000
Provisions, current 80000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 391462000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 4781213000
Total equity and liabilites 2343609000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss 256000 228000
Total Amount of items that will not be reclassified to profit and loss 256000 228000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 256000 228000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 138716000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8735000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -16172000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 26347000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 5962000
Adjustments for increase (decrease) in trade payables, non-current 26000
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1328000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -26861000
Adjustments for provisions, non-current 420000
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 109491000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 305000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -109401000
Net cash flows from (used in) operations 29315000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 29315000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 20000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 23000000
Cash receipts from repayment of advances and loans made to other parties 6220000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 4751000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -6000000
Net cash flows from (used in) investing activities -18049000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 20000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -20000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 11246000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 11246000
Cash and cash equivalents cash flow statement at beginning of period 5231000
Cash and cash equivalents cash flow statement at end of period 16477000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 MGB & CO LLP Yes 28-Feb-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 269211000 269211000
2 Total Expenditure 130495000 130495000
3 Net Profit/(Loss) 136413000 136413000
4 Earnings Per Share 1.16 1.16
5 Total Assets 2343609000 2343609000
6 Total Liabilities 4781213000 4781213000
7 Net Worth -2437604000 -2437604000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)


Text Block
Textual Information(1) the Company had granted Inter Corporate Deposits (ICDs) to Veena Investments Private Limited (VIPL), the outstanding balance of such ICDs granted is Rs. 17,340.27 lakhs (including interest of Rs 1,385.27 lakhs) as at 31 March 2025. VIPL simultaneously holds 6% Non-cumulative, Non-convertible, Redeemable, Preference Shares (NCRPS) of the Company aggregating to Rs 43,626.56 lakhs which are redeemable on 01 November 2036 and has sought its early redemption. As mentioned in the said note, the Company has expressed its inability for early redemption of NCRPS and has called upon VIPL to repay the outstanding ICDs along with interest accrued till 30 September 2024, aggregating to Rs 16,978.33 lakhs plus further interest till actual date of payment. As further stated in the said note, VIPL, subsequently informed the Company that repayment of ICDs shall proceed simultaneously with the redemption of NCRPS and invoked the arbitration clause under the ICD Agreements, pursuant to which a sole arbitrator was appointed wherein both parties have submitted their claims, and the matter is currently in progress. nDespite the ongoing arbitration, as mentioned in the above paragraph, the Company has not assessed the recoverability of ICDs aggregating to Rs. 17,340.27 lakhs (including interest accrued) as at 31 March 2025 in accordance with the requirements of Ind AS 109 Financial Instruments. In the absence of such impairment assessment, we are unable to comment upon adjustments, if any, that may be required to the carrying value of these ICDs and its consequential impact on the net profit and total comprehensive income for the quarter and year ended 31 March 2025 and the financial position of the Company as at 31 March 2025. n
Textual Information(2) NA
Textual Information(3) Not Quantifiable
Textual Information(4) The Companys 6% Non-cumulative, Non-convertible, Redeemable, Preference Shares (NCRPS) aggregating to Rs 43,626.56 lakhs are redeemable on 01 November 2036 and VIPL has sought its early redemption. The Company has expressed its inability for early redemption and called upon VIPL to repay the ICDs along with interest accrued till 30 September 2024, aggregating to Rs 16,978.33 lakhs plus further interest till actual date of payment. Subsequently, VIPL informed the Company that repayment of ICDs shall proceed simultaneously with the redemption of NCRPS and accordingly VIPL invoked the arbitration clause under the ICD Agreements. The sole arbitrator has been appointed, and the arbitration proceedings have commenced wherein parties have submitted their respective Statements of Claims, and the matter is currently progressing in accordance with the prescribed procedural schedule. Based on the facts and claims and the status of the proceedings, the management believes that the outcome of the afore mentioned arbitration is not expected to cause any adverse impact on the carrying value of the said ICDs.
Textual Information(5) Auditor comments are self-explanatory in auditors report


Signatories detail
Name of CEO / Managing director NA
Name of CFO Nagendra Bhandari
Name of audit committee chairman Shilpi Asthana
Name of statutory auditor MGB & Co LLP
Name of other signatory, if any, with designation Jyoti Upadhaya
Place Noida
Date 27-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Diligent Media Corporation Cyqator Media Services Pvt Ltd other related party Any other transaction For bad and doubtful debt /advance 0 NA 0 8111000 8111000
2 Diligent Media Corporation Essel Finance Management LLP other related party Any other transaction For bad and doubtful debt /advance 0 NA 0 2655000 2655000
3 Diligent Media Corporation Today Merchandise Pvt Ltd other related party Any other transaction Other receiviable 550000 NA 525000 0 525000
4 Diligent Media Corporation Pan India Infraprojects private Ltd other related party Any other transaction Provision for bad and doubtful debt/advance 0 NA 0 630000 630000
5 Diligent Media Corporation Indiadotcom digital india pvt ltd other related party Any other transaction Income from DNA online 19500000 NA 0 123197000 71285000
6 Diligent Media Corporation Zen Cruises private ltd other related party Any other transaction Receiviable 0 NA 0 6261000 6261000
7 Diligent Media Corporation Zen Cruises private ltd other related party Any other transaction For bad and doubtful debt /advance 0 NA 0 6261000 6261000
8 Diligent Media Corporation Zee Media Corporation Ltd Promoter Group Any other transaction Settlement against corporate guarantee liability/Sale of trade mark 1530000000 NA 765000000 1504855000 280033000
9 Diligent Media Corporation Zee Media Corporation Ltd Promoter Group Any other transaction Rent 0 NA 533000 0 575000
10 Diligent Media Corporation Shirpur Gold refinery ltd other related party Any other transaction Receiviable 0 NA 0 68000 68000
11 Diligent Media Corporation Essel Finance VKC Forex Ltd other related party Any other transaction Payable 0 NA 0 281000 281000
12 Diligent Media Corporation Pan India network infravest pvt ltd other related party Any other transaction Receiviable 0 NA 0 1649000 1649000
13 Diligent Media Corporation Digital Subscriber Management other related party Any other transaction Payable 0 NA 0 543000 543000
14 Diligent Media Corporation Cyqator Media Services Pvt Ltd other related party Any other transaction Receivables 0 NA 0 8111000 8111000
15 Diligent Media Corporation Essel Finance Management LLP Provision for doubtful debt Any other transaction For bad and doubtful debt /advance 0 NA 0 8111000 8111000
16 Diligent Media Corporation Pan India Infraprojects private Ltd other related party Any other transaction Receivables 0 NA 0 630000 630000
17 Diligent Media Corporation Shirpur Gold refinery ltd other related party Any other transaction For bad and doubtful debt /advance 0 NA 0 68000 68000
18 Diligent Media Corporation Essel Finance Management LLP other related party Any other transaction Other receiviable 0 NA 0 2655000 2655000
19 Diligent Media Corporation Sitting Fees other related party Any other transaction Director and Key Managerial personnel 0 NA 6804000 0 0
Total value of transaction during the reporting period 772862000