News Broadcasting
Entertainment Network Q1 revenue up 69%, net profit at Rs 13 million
MUMBAI: Entertainment Network India Ltd’s (ENIL) income has grown by 69.2 per cent to Rs 354.5 million for the first quarter ended 30 June 2006 as compared to Rs 209.5 million a year ago.
Net profit for the quarter ended stood at Rs 13 million. The company incurred a marketing expense of Rs 0.9 million.
ENIL manages FM broadcasting under the brand name of radio Mirchi.
The earnings before interest, depreciation, tax and amortization (EBITDA) for the quarter stood at Rs 59.7 million as against Rs 60.1 million in the corresponding period of the previous year.
On comparing the year-on-year (YoY) performance of the existing seven stations, the topline has grown by 47.3 per cent and earnings has grown by 55 per cent, according to an official release.
During the quarter, ENIL had launched three new FM stations – in Bangalore, Hyderabad and Jaipur. “The financial result captures the costs for the full quarter whereas the revenue reported is only for part of the quarter,” the release added.
Commenting on the results ENIL MD and CEO A P Parigi said, “As a company we continue to focus on expanding the FM Radio category and sustaining the leadership of Radio Mirchi in the existing and new markets. Research findings of IMRB, commissioned by us, indicate Radio Mirchi is the No. 1 radio station in terms listenership in Bangalore, Hyderabad and Jaipur”.
Times Innovative Media Limited (TIMPL), the subsidiary of ENIL, has bagged a few contracts during the quarter. Times OOH Media has won, among others, the advertising rights for Patel Bridge, considered a unique outdoor advertising infrastructure in the city of Mumbai.
The experiential marketing business, 360 Degrees, has been selected as the nodal agency for Habitat for Humanity, a Jimmy Carter Project – 2006. The project is part of a global endeavour of the former president of United States aimed at establishing low cost housing for the underprivileged across the world.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
