Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Unaudited Standalone and Consolidated Financial Results

Audit Opinion:

The Statutory Auditors, Price Waterhouse Chartered Accountants LLP, have carried out a 'Report on Limited Review' of the Financial Results. Their conclusion was not modified, but they drew attention to a significant legal matter.

Auditor’s Comment: The auditors drew attention to Note 3 (Standalone) and Note 4 (Consolidated) regarding a promoter dispute pending with the NCLT, an appeal with the NCLAT, and a subsequent appeal with the Supreme Court. The management does not expect any impact on the financial results.

Key Financial Highlights [Amount in Rs. Lakhs]

Standalone Results:

For the Quarter ended September 30, 2026:

  • Revenue from Operations: 43,961.52 (Q2 FY25: 41,377.14)
  • Total Income: 45,456.18 (Q2 FY25: 43,708.26)
  • Net Profit: 3,778.79 (Q2 FY25: 6,172.75)
  • EPS: ₹1.74 (Basic and Diluted) (Q2 FY25: ₹2.83)

For the Half Year ended September 30, 2026:

  • Revenue from Operations: 88,188.73 (H1 FY25: 81,190.28)
  • Total Income: 92,043.29 (H1 FY25: 87,974.31)
  • Net Profit: 9,128.71 (H1 FY25: 13,307.28)
  • EPS: ₹4.20 (Basic and Diluted) (H1 FY25: ₹6.11)

As at September 30, 2026:

  • Other Equity: 176,728.32
  • Cash and Cash Equivalents: 3,422.27
  • Debt (Borrowings): 1,114.18

Consolidated Results:

For the Quarter ended September 30, 2026:

  • Revenue from Operations: 49,344.16 (Q2 FY25: 46,736.07)
  • Total Income: 51,596.33 (Q2 FY25: 49,795.89)
  • Net Profit: 4,281.58 (Q2 FY25: 5,693.77)
  • EPS: ₹1.89 (Basic and Diluted) (Q2 FY25: ₹2.69)
  • Net Profit attributable to owners: 4,108.14

For the Half Year ended September 30, 2026:

  • Revenue from Operations: 99,278.79 (H1 FY25: 92,741.30)
  • Total Income: 104,702.10 (H1 FY25: 100,946.65)
  • Net Profit: 10,404.73 (H1 FY25: 12,369.84)
  • EPS: ₹4.59 (Basic and Diluted) (H1 FY25: ₹5.78)
  • Net Profit attributable to owners: 9,991.99

As at September 30, 2026:

  • Other Equity: 197,199.75
  • Cash and Cash Equivalents: 3,669.71
  • Debt (Borrowings): 1,674.73

Segment-wise Performance:

The Group operates in three segments: (i) Printing, publishing and digital, (ii) FM radio business, (iii) Others (outdoor advertising and event management).

Segment Revenue for Q2 FY26:

  • Printing, publishing and digital: 39,616.27
  • FM radio business: 4,095.83
  • Others: 5,739.78

Segment Results (Profit) for Q2 FY26:

  • Printing, publishing and digital: 3,923.69
  • FM radio business: 521.02
  • Others: (17.15)

Corporate Actions:

The Board declared an Interim Dividend of ₹5.00 per equity share (i.e. 250%) for the financial year 2026-27. The record date for determining members entitled to receive the dividend is fixed as November 25, 2026.

Other Significant Information:

Subsidiary Update (Music Broadcast Limited - MBL):

  • During the year ended March 31, 2026, MBL derecognised MAT credit entitlement of ₹1,032 lakhs deemed no longer recoverable.
  • MBL is involved in litigation with Phonographic Performance Limited (PPL) regarding royalty rates. A Special Leave Petition is pending in the Supreme Court.

Entities included in Consolidation:

  • Subsidiaries: Midday Infomedia Limited (100%), Music Broadcast Limited (74.05%)
  • Associates: Leet OOH Media Private Limited (48.84%), X-pert Publicity Private Limited (39.20%), MMI Online Limited (44.92%)