Reported Earnings • May 30
Full year 2026 earnings released: ₹0.75 loss per share (vs ₹1.16 profit in FY 2025) Full year 2026 results: ₹0.75 loss per share (down from ₹1.16 profit in FY 2025). Net loss: ₹88.8m (down 165% from profit in FY 2025). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. New Risk • May 30
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: ₹71m (US$744k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹2.5b). Revenue is less than US$1m (₹71m revenue, or US$744k). Market cap is less than US$10m (₹344.9m market cap, or US$3.63m). Announcement • May 30
Diligent Media Corporation Limited Announces Appointment of Priyadarshan Garg as Chief Executive Officer, Effective June 1, 2026 Diligent Media Corporation Limited had, upon the recommendation of Nomination and Remuneration Committee, approved the appointment of Mr. Priyadarshan Garg as the Chief Executive Officer of the Company (designated as Key Managerial Personnel and forming part of Senior Management) with effect from June 1, 2026. Mr. Priyadarshan Garg has held several leadership and editorial positions across prominent media and digital organizations. Over the course of his professional career, he has served in the capacities of Reporter/Sub-Editor and National Content Head — Radio Division at Dainik Bhaskar Group, Principal Correspondent at TV Today Network Limited, Chief Editor at UCWcb, Alibaba, and Vice President — News at Zee Entertainment Enterprises Limited and presently associated with Indiadotcom Digital Private Limited. He has been responsible for driving growth in business, digital transformation, strategic partnerships, and business initiatives in the evolving media and digital content landscape. The Board meeting was held on May 28, 2026.