Key Financial Figures
Consolidated Performance:
- Q1FY27 Consolidated Revenues: ₹113 Crores
- Domestic Revenues: ₹111 Crores
- EBITDA: ₹8.7 Crores (42% growth)
- Cash Balance as of June 30, 2026: ₹389.7 Crores
Business Segment Performance:
- Digital Business Revenue: ₹21.1 Crores (43.3% YoY growth)
- Digital Business Investment: ₹8.3 Crores (reduced from ₹9.8 Crores in Q1FY26)
- International Business Revenue: ₹3 Crores
- Digital revenue now represents 30.2% of total revenue, up from 23.0% in Q1FY26
Profitability Metrics:
- Non-digital business EBITDA growth: 7.4%
- Non-digital business PAT growth: 85%
Strategic Developments
The company achieved improved profitability through successful execution of strategic cost rationalization measures. The digital business maintained strong upward trajectory powered by Gaana's user traction and consumer engagement. Radio advertising remained under pressure due to soft industry conditions and weak advertising sentiment.
Management Commentary
Mr. Yatish Mehrishi, CEO, ENIL, commented that Q1FY27 continued to be marked by challenging operating environment with geopolitical uncertainty and cautious advertising spends affecting traditional media and events. He noted that initial benefits of cost-transformation programme helped strengthen profitability of existing business, and the company remains focused on diversifying revenue portfolio for sustainable long-term growth.
Company Background
ENIL operates India's #1 FM radio channel Radio Mirchi and premier audio streaming platform Gaana. The company operates FM radio broadcasting stations in 63 Indian cities and is headquartered in Mumbai. Promoter Bennett, Coleman & Co. Limited (BCCL) is the flagship company of The Times of India Group.