GECs
Radio Mirchi turnover rises 58 per cent in FY06, net profit at Rs 295 million
MUMBAI: Entertainment Network India Limited (ENIL) has posted a 57.69 per cent rise in gross turnover to Rs 1.2 billion for the fiscal ended 31 March 2006, as against Rs 762.2 million a year ago.
Net profit stood at Rs 294.6 million as compared to a net loss of Rs 179.2 million in FY 2004-05.
The earning before interest, depreciation, tax and amortisation excluding license fee for the year was Rs 445.7 million, a rise of 61.5 per cent over the previous year.
For the last quarter of FY 06 fiscal, net profit was at Rs 54.9 million. ENIL, the company which operates FM broadcasting under the brand name of radio Mirchi, has announced its results for the first time since its initial public offering (IPO) in February 2006. Comparative fourth quarter figures for the previous year are, thus, not available.
ENIL’s consolidated net profit stood at Rs 310.5 million for FY 06 while total income was at Rs 1.4 billion. Earning before interest, depreciation, tax and amortisation was Rs 407.6 million.
Under the consolidated results fall the wholly owned subsidiary company Times Innovative Media Private Limited (TIMPL) for a period of five months. TIMPL was incorporated on October 26, 2005 and it acquired Event Management (3600) and Out of Home Media (Times OOH) business from Time Innovative Media Limited (TIML).
ENIL has set its sights on increasing its turnover from the additional radio stations to be set up this year. The company has already launched its radio stations in Hyderabad, Jaipur and Bangalore.
Times OOH won advertising rights of Delhi Metro – Connaught Place and Dwarka (13 stations), Kolkata Metro (80 hoardings spread across the city) amd Delhi-Noida toll bridge for a license fee of Rs.340 million payable over two to five years.
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
