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The Sandesh Limited has announced a board meeting to discuss its integrated financial results for the quarter and nine months ended December 31, 2024. For this period, the company reported a total revenue of ₹32,018.84 crore, an increase reflecting growth across its media and finance segments. However, it faced a net loss of ₹4,073.42 crore, attributed in part to a significant loss on investments amounting to ₹5,879.93 crore.
The Board also declared an interim dividend of ₹2.5 per equity share. This announcement indicates challenges that may affect investor sentiment due to the reported losses, but the continued revenue growth presents potential opportunities for recovery and value creation moving forward.