B.A.G. Films and Media532507Quarterly results

Board approves unaudited Q2 and H1 results; 20,000,000 warrants fully converted

Board met on November 5, 2026 and approved unaudited standalone and consolidated results for the quarter and six months ended September 30, 2026.

By ScoutQuest · Thu 5 Nov 2026, 8:24 PM IST · 2 min read

Standalone revenue from operations (Q2): Rs. 795.23 lakh
Consolidated revenue from operations (Q2): Rs. 3,435.49 lakh
Consolidated profit for the period (Q2): Rs. 121.08 lakh

Result snapshot

The board of B.A.G. Films and Media Ltd met on November 5, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The results carry the statutory auditors' limited review reports. Figures below are in Rs. lakhs, as presented in the update.

Standalone

Revenue from operations for the quarter: 795.23, against 844.25 in the same quarter a year earlier.
Total income: 796.42.
Total expenses: 706.79.
Profit before tax: 89.63.
Profit for the period: 79.64, against 55.67 a year earlier.
Basic and diluted earnings per share: 0.04 each.
Six months: revenue from operations 1,831.84, profit before tax 192.87, profit for the period 173.11 (against 134.66 a year earlier).

Consolidated

Revenue from operations for the quarter: 3,435.49, against 3,575.15 in the same quarter a year earlier.
Total income: 3,437.69.
Total expenses: 3,289.12.
Profit before tax: 148.57.
Profit for the period: 121.08, against 33.75 a year earlier.
Basic and diluted earnings per share: 0.04 each.
Six months: revenue from operations 7,294.26, profit before tax 566.68, profit for the period 477.98 (against 258.37 a year earlier).

Segment picture

The company reports six identifiable business segments: audio-visual production and distribution, leasing, F.M. Radio, F.M. Radio podcast, television broadcasting and content syndication.

Standalone segment results for the quarter were led by leasing at 235.07 and audio-visual production and distribution at 102.55.
On a consolidated basis, television broadcasting was the largest segment result at 1,121.55, followed by content syndication at 118.49 and leasing at 38.88; audio-visual production and distribution showed a segment result of -93.76 and F.M. Radio -8.72.
Six-month consolidated segment results: television broadcasting 2,268.17, content syndication 234.72, leasing 91.13.

Warrants and use of funds

20,000,000 warrants convertible into equity shares at an issue price of Rs. 8.25 each, allotted to a member of the Promoter Group on a preferential basis, have been converted into 20,000,000 equity shares.
Total funds received: 1,650.00.
Utilisation: expansion of business 825.00, investment in projects 412.50, general corporate purpose 411.38, total utilised 1,648.88.
Balance unutilised fund kept in a bank: 1.12.

Balance sheet points

Paid-up equity share capital as at September 30, 2026: 4,356.66 (face value Rs. 2 per share) on a standalone basis and 4,356.66 on a consolidated basis.
Total assets: 34,997.36 standalone and 45,861.99 consolidated.
Cash and cash equivalents at the end of the six months: 501.78 standalone and 1,368.12 consolidated.

What this means for a retail reader

This is a routine quarterly results disclosure. Profit for the quarter was higher than the same quarter a year earlier on both a standalone and consolidated basis, while revenue from operations for the quarter was lower than a year earlier on both bases. The capital raised through the warrants is shown as fully converted and almost entirely utilised, with a small unutilised balance kept in a bank.

Also from B.A.G. Films and Media

Board approves unaudited Q2 and H1 results; 20,000,000 warrants fully converted

Standalone

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