Financials
Q3-2015: ENIL reports 41 per cent higher q-o-q PAT
BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 40.9 per cent higher q-o-q PAT for Q3-2015 at Rs 32.84 crore (28.1 per cent of Total Income from Operations or TIO) as compared to the Rs 23.30 crore (22.4 per cent TIO) and 26.9 per cent more as compared to the Rs 25.88 crore (26.4 per cent of TIO) in the year ago quarter (Q3-2104).
Notes: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore
ENIL TIO in Q3-2015 at Rs 116.98 crore was 12.4 per cent more that the Rs 104.03 crore in the immediate trailing quarter and was 19.1per cent more than the Rs 98.21 crore (26.3 per cent of TIO) in Q3-2014.
Let’s look at the other numbers reported by ENIL:
ENIL total expense (TE) in Q3-2015 at Rs 80.53 crore (68.8 per cent of TIO) was almost flat (down 0.4 per cent) as compared to the Rs 80.89 crore (77.8 per cent of TIO) in the previous quarter and was 18.3 per cent more than the Rs 68.38 crore (69.6 per cent of TIO) in Q3-2014.
The company’s production expense (Prod) in Q3-2015 at Rs 4.74 crore (4.1 per cent of TIO) was 5 per cent more than the Q2-2015 Prod cost of Rs 4.52 crore (4.3 per cent of TIO) and was 7.9 per cent more than the Rs 4.39 crore (4.5 per cent of TIO) in Q3-2014.
ENIL paid 11 per cent higher license fee in Q3-2015 at Rs 5.84 crore (5 per cent of TIO) versus the Rs 5.27 crore (5.1 per cent of TIO) in Q2-2015 and 11.9 per cent more as compared to the Rs 5.22 crore (5.3 per cent of TIO) in the corresponding year ago quarter.
The company’s marketing expense in Q3-2015 at Rs 25.75 crore (22 per cent of TIO) was 8.5 per cent more than the Rs 23.73 crore (22.8 per cent of TIO) in Q2-2015 and a whopping 85.9 per cent more than the Rs 13.85 crore (14.1 per cent of TIO) in Q3-2014.
Employee Benefit Expense (EBE) in Q3-2015 at Rs 21.21 crore (18.1 per cent of TIO) was 5.2 per cent more than the Rs 20.17 crore (19.4 per cent of TIO) in Q2-2015 and was was 14.6 per cent more than the Rs 18.51 crore (18.8 per cent of TIO) in Q3-2014.
Other expense in Q3-2015 reduced 23 per cent to Rs 14.66 crore (12.5 per cent of TIO) from Rs 19.05 crore (18.3 per cent of TIO) in Q2-2015 and was 20.1 per cent lower when compared to the Rs 18.34 crore (18.7 per cent of TIO) in Q3-2014.
“The bull-run in the radio business continues! A near 19 per cent revenue growth, matched by equally strong growth in EBITDA and PAT, is reflective of this. With Phase-3 auctions finally about to kick-off, the bull-run is expected to continue for the next three – five years. Our game plan for Phase-3 is aggressive, yet we are ever mindful of our profitability objectives,” said ENIL managing director and CEO Prashant Panday.
MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
