Khyati Multimedia Entertainment Ltd — Results, 28-05-2025: Integrated Filing
28-05-2025 | 08:40 pm
28-05-2025 | 08:40 pm
Khyati Multimedia Entertainment Ltd has announced a board meeting on which approved the financial results for the quarter and half-year. The company operates in a single segment and submitted its standalone audited financials, including assets, liabilities, and cash flow statements. The auditors issued a qualified opinion highlighting that while the company organized a Polo Championship under its sports entertainment business, the Memorandum of Association (MoA) was not amended to explicitly cover such events. Revenue recognition from this event is under scrutiny due to absence of formal franchise agreements. Management is pursuing recovery of advances related to this event, and potential write-offs could impact profitability.
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