Browsing: Networks

Innovatus Entertainment Networks Ltd reported a standalone net profit of ₹8.22 lakh for FY25, down from ₹64.20 lakh in FY24, with revenue falling to ₹317.15 lakh. Consolidated net profit stood at ₹23.31 lakh. Shareholders’ funds increased significantly to ₹10,441.56 lakh, while cash balances dropped to ₹11.12 lakh.

Innovatus Entertainment Networks Ltd faces a significant GST penalty notice from DGGI Bangalore while also appointing a new director. The company plans to contest the penalty of INR 7,89,97,205 and INR 8,39,12,49. Additionally, the approval of financial results for multiple periods has been delayed until July 13, 2026