Diligent Media Corporation Limited has announced its audited financial results for the fourth quarter and the financial year ended March 31, 2026. The company reported a total income of 195.54 lakhs for the quarter ended March 31, 2026, compared to 155.42 lakhs in the previous quarter and 417.06 lakhs in the corresponding quarter of the previous year. The company recorded a net loss after tax of 600.57 lakhs for the quarter ended March 31, 2026, compared to a loss of 9.78 lakhs in the preceding quarter and a profit of 398.11 lakhs in the same quarter last year.

Diligent Media Corporation Limited is engaged in the digital media business. The company has been navigating a challenging financial period, characterized by negative net worth as of March 31, 2026, though management remains focused on strengthening revenue streams and implementing cost-rationalization measures to improve profitability and cash flows. Recently, the company announced the appointment of Mr. Priyadarshan Garg as the new Chief Executive Officer, effective June 1, 2026. Furthermore, during 2025, the company was involved in an arbitration process regarding inter-corporate deposits and preference shares, for which a scheme of reduction and cancellation has been filed with stock exchanges.