Bharatiya Global Infomedia Limited Releases Un-Audited Financial Results and Announces Board Decisions

Bharatiya Global Infomedia Limited Releases Un-Audited Financial Results and Announces Board Decisions

Bharatiya Global Infomedia Limited Releases Un-Audited Financial Results and Announces Board Decisions​

Bharatiya Global Infomedia Limited reported its un-audited financial results for the quarter ended June 30, 2026, and confirmed several key corporate developments following a recent board meeting. The company also provided details on the utilization of IPO proceeds as of June 30, 2026.

The Board of Directors of Bharatiya Global Infomedia Limited approved the quarterly financial results and addressed operational changes, including accepting the resignation of Mrs. Jaya Misra as Director. Additionally, the company confirmed that all Board Committees have been re-constituted, and AKP & Associates has been appointed as the Scrutinizer for the upcoming Annual General Meeting.

Financial Performance Review (Quarter Ended June 30, 2026)​

The company’s un-audited financial results are summarized below in Lakh units:

MetricStandalone ResultsConsolidated Results
Total Revenue10.5032.55
Total Expenses15.99(15.06)
Profit / (Loss) before tax(15.99)47.61
Profit/(loss) for the period(11.11)246.64
Total Comprehensive Income(11.04)246.36
Basic EPS(0.01)1.55

IPO Proceeds Utilization Status​

The utilization of the IPO proceeds shows that the total amount allocated, as per the prospectus dated July 16, 2011, remains fully utilized. Key data points regarding the use of funds include:

ParticularsAs per Prospectus (in Lakh)Revised Utilization (in Lakh)Utilization till June 30, 2026 (in Lakh)
Setting up offices989.60989.60754.80
Repayment of RBS Loan269.72293.12293.12
IPO Expenses277.36312.85312.85
Upgradation of Machinery & Assets2,204.671,532.501,382.50
General Corporate650.00711.39711.39
Expansion of R&D656.73472.75455.99
Meeting Long Term Working Capital Requirements505.001,240.871,055.06
Cash and Escrow Bank Account and Investments in ICDs--587.37
Total5,553.085,553.085,553.08
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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