Correction Details

  • In the 4th paragraph of the original press release, Digital Business revenue was incorrectly stated as "Rs. 21.1 Crores"
  • Corrected figure should read as "Rs. 31.1 Crores"
  • No other changes were made to the press release
  • Filing submitted to BSE Limited and National Stock Exchange of India

Financial Results for Q1FY27 (Quarter Ended 30 June 2026)

Consolidated Performance

  • Total Revenue: ₹113 Crores
  • Domestic Revenue: ₹111 Crores
  • EBITDA: ₹8.7 Crores (42% growth)
  • Cash Balance as of June 30, 2026: ₹389.7 Crores

Business Segment Performance

Digital Business:

  • Revenue: ₹31.1 Crores (43.3% YoY growth)
  • Contribution to Total Revenue: 30.2% (up from 23.0% in Q1FY26)
  • Investment: ₹8.3 Crores (reduced from ₹9.8 Crores in same quarter last year)

Non-Digital Business:

  • EBITDA Growth: 7.4%
  • PAT Growth: 85%

International Business:

  • Revenue: ₹3 Crores

Radio Advertising:

  • Remained under pressure due to soft industry conditions and weak advertising sentiment

Management Commentary

Mr. Yatish Mehrishi, CEO, ENIL commented:

  • Q1FY27 continued to be marked by challenging operating environment
  • Geopolitical uncertainty and cautious advertising spends affected traditional media and events
  • Cost-transformation programme helped strengthen profitability of existing business
  • Digital business maintained strong momentum with revenue growing 43% and losses narrowing
  • Focus remains on diversifying revenue portfolio for sustainable long-term growth

Company Background

Entertainment Network (India) Limited operates India's #1 FM radio channel Radio Mirchi and audio streaming platform Gaana. The company:

  • Operates FM radio broadcasting stations in 63 Indian cities
  • Headquartered in Mumbai
  • Incorporated in June 1999
  • Promoter: Bennett, Coleman & Co. Limited (BCCL), flagship company of The Times of India Group

Contacts

  • Company Contact: Sanjay Ballabh (sanjay.ballabh@timesgroup.com)
  • Investor Relations: Runjhun Jain (98207 20993) / Sneha Salian (98194 30437) of Ernst & Young LLP

Signature

Digitally signed by Mehul Rasiklal Shah, EVP - Compliance & Company Secretary (FCS no- F5839) on 2026.08.06 at 10:50:22 +05'30'