Financials
Radio City revenue up 12.9 percent, adjusted profit up 19.2 percent in FY-16
BENGALURU: Music Broadcast Limited (MBL, Radio City) which runs Radio City reported 12.9 percent growth and 19.2 percent growth in revenue and adjusted profit after tax (PAT) respectively for the fiscal ended 31 March 2016 (FY-16, current year). Radio City reported revenue of Rs 226.76 crore for FY-16 as compared to revenue of Rs 200.84 crore in the previous fiscal.
Adjusted PAT in the current year was Rs 55.94 crore (24.7 percent PAT margin of revenue) as compared to Rs 46.92 crore (23.4 percent PAT marginof revenue ) in the previous year. After accounting for exceptional items that represent incentives to management team in respect of their past services in terms of agreement with erstwhile promotes, reported PAT for FY-16 works out to Rs 42.37 crore (18.7 percent PAT marginof revenue ), which means that final PAT in the current year has declined 9.7 percent as compared to FY-15.
Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
(a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
(b) 10,000 lakh = 100 crore = 1 arab = 1 billion.
Radio City’s operating profit (EBIDTA) in FY-16 increased 24.7 percent to Rs 77.27 crore (34.1 percent EBIDTA margin) as compared to Rs 62.16 crore (31 percent EBIDTA margin) in FY-15.
Expenses in FY-16 were 7.8 per cent higher at Rs 149.49 crore (65.9 percent of revenue) as compared to Rs 138.67 (69 percent of revenue).
The company paid almost three times (2.95 times) the Interest in FY-16 at Rs 18.30 crore (8.1 percent of revenue) as compared to Rs 6.21 crore (3.1 percent of revenue) for FY-15.
Jagran Prakashan numbers in brief
MBL’s parent company, Indian publishing company Jagran Prakashan Limited (JPL) reported 19 per cent increase consolidated operating revenue in FY-16 to Rs 2,106.5 crore as compared to Rs 1,769.8 crore in FY-15.
JPL’s advertising revenue increased 25.2 per cent to Rs 1,560.9 crore from Rs 1,247.1 crore. Circulation revenues in the current year increased 4.7 per cent to Rs 408.5 crore from Rs 390.1 crore s compared to the previous year. JPL’s PAT in FY-16 increased 44.3 per cent to Rs 444.7 crore from Rs 308.1 crore in FY-15. JPL’s PAT in FY-16 after adjusting extraordinary item of Rs 101.8 crore on account of profit on sale of treasury share in Q1-16 and Rs 14.5 crore in Q2-16 and gain arising out of sale of treasury shares in Q4-16 is Rs 328.4 crore in FY16 and Rs 227.8 crore in FY-15.
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.
