Financials
Q1-2016: ENIL revenue up 9.1%, PAT up 6.3%
BENGALURU: Indian private FM player Entertainment Network (India) Limited (ENIL) reported 9.1 per cent increase in Total Income from Operations (TIO) in the quarter ended 30 June, 2015 (Q1-2016) to Rs 101.56 crore as compared to the Rs 93.12 crore in Q1-2015, but declined 18.4 per cent as compared to the Rs 124.43 crore in Q4-2015.
The company’s profit after tax (PAT) in the current quarter increased 6.3 per cent to Rs 25.88 crore (25.5 per cent of TIO) as compared to the Rs 24.35 crore (26.2 per cent margin) in Q1-2015 and was 1.5 per cent more than the Rs 25.49 crore (20.5 per cent margin) in Q4-2015. It may be recalled that the company had entered the Rs 100 crore PAT club in FY-2015 with a PAT of Rs 105.98 crore (24.2 per cent margin) on a TIO of Rs 483.48 crore
Notes: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore
(2) The numbers in this report are consolidated unless stated otherwise.
Let us look at some of the other numbers reported by ENIL
The company’s EBIDTA in Q1-2016 at Rs 35.38 crore (34.8 per cent margin) was 1.8 per cent more than the Rs 34.74 crore (37.3 per cent margin) and was 2.5 per cent more than the Rs 34.53 crore (27.7 per cent margin) in Q4-2015.
ENIL total expense (TE) in Q1-2016 at Rs 74.38 crore (73.2 per cent of TIO) in Q1-2016 was 11.7 per cent more than the Rs 66.58 crore (71.5 per cent of TIO) in Q1-2015, but was 24.2 per cent lower than the Rs 98.10 crore (78.8 per cent of TIO) in Q4-2015.
ENIL paid 10 per cent higher license fee in Q1-2016 at Rs 5.11 crore (five per cent of TIO) as compared to the Rs 4.65 crore (five per cent of TIO) in Q1-201, but was 15.3 per cent lower than the Rs 6.03 crore (4.8 per cent of TIO) in the immediate trailing quarter.
The company’s marketing expense in Q1-2016 at Rs 11.29 crore (11.1 per cent of TIO) was 59.3 per cent more than the Rs 7.09 crore (7.6 per cent of TIO) in Q1-2015, but was a little more than a third (64.5 per cent lower) than the Rs 31.57 crore (25.4 per cent of TIO) in Q4-2015.
Employee Benefit Expense (EBE) in Q1-2016 at Rs 22.10 crore (21.8 per cent of TIO) was 8.3 per cent more than the Rs 20.41 crore (21.9 per cent of TIO) in the corresponding quarter of the previous year and was 5.3 per cent more than the Rs 20.98 crore (16.9 per cent of TIO) in Q4-2015.
ENIL managing director and CEO Prashant Panday said, “It’s been a sombre quarter for radio companies, largely on account of the high base of election advertising last year. Overall advertising growth remains satisfactory, though below expectations, possibly because of the sluggish economy. The good news is that Phase-3 auctions have finally started. This will spur new growth in the years to come.”
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.
