Music Broadcast Limited Q4 Revenue Down 12% QoQ

Music Broadcast Limited reported Q4 FY26 revenue of ₹40.8 Cr, a 12% sequential decline from Q3 and a 25% YoY drop.
The company achieved a 23% YoY reduction in total costs for FY26, improving its operating EBITDA margin to 18% from 16.8% in FY25.
A significant non-cash impairment charge of ₹49.0 Cr on non-current assets resulted in a reported quarterly PAT of -₹48.0 Cr.
Balance sheet strength improved with the elimination of short-term borrowings, which stood at ₹100.2 Cr in the previous year.