Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results (Standalone and Consolidated)
Audit Opinion:
Clean - Limited Review Report by Deloitte Haskins & Sells LLP with no modifications or qualifications. The auditors stated: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."
Key Financial Highlights [₹ in crore]:
Standalone Results:
Revenue from Operations: ₹475.28 crore (Q1 FY27) vs ₹430.40 crore (Q1 FY26) - 10.4% YoY increase
Total Income: ₹478.33 crore (Q1 FY27) vs ₹438.89 crore (Q1 FY26)
EBITDA: Not separately disclosed in standalone results
Net Profit: Loss of ₹77.92 crore (Q1 FY27) vs Profit of ₹516.17 crore (Q1 FY26)
EPS: Basic and Diluted loss of ₹0.51 (After Exceptional Items)
Other Equity: ₹4,187.65 crore (as of March 31, 2026)
Cash and Cash Equivalents: Not specified
Debt: Not separately disclosed but ratios indicate debt presence
Consolidated Results:
Revenue from Operations: ₹516.26 crore (Q1 FY27) vs ₹467.86 crore (Q1 FY26) - 10.3% YoY increase
Total Income: ₹520.39 crore (Q1 FY27) vs ₹478.01 crore (Q1 FY26)
EBITDA: Not separately disclosed in consolidated results
Net Profit: Loss of ₹38.36 crore, with attribution: Owners of the Company: Loss of ₹38.71 crore; Non-Controlling Interest: Profit of ₹0.35 crore
EPS: Basic and Diluted loss of ₹0.25 (After Exceptional Items)
Other Equity: ₹4,152.91 crore (as of March 31, 2026)
Cash and Cash Equivalents: Not specified
Debt: Not separately disclosed but ratios indicate debt presence
Financial Performance Analysis:
The company reported losses at both standalone and consolidated levels. Before exceptional items, standalone loss was ₹77.92 crore and consolidated loss was ₹38.36 crore for Q1 FY27.
Segment-wise Performance:
The Company operates in a single reportable operating segment 'Media Operations' as per Ind AS 106/108. Hence no separate segment reporting is provided.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced in this filing.
Other Significant Information:
Exceptional Items:
- Standalone: Additional obligation of ₹11.75 crore recorded in Q4 FY26 due to implementation of new Labour Codes
- Consolidated: Additional obligation of ₹12.13 crore recorded in Q4 FY26 due to implementation of new Labour Codes
Historical Exceptional Items:
- Q1 FY25: Standalone exceptional gain of ₹587.01 crore from ETPL transaction
- Q1 FY25: Consolidated exceptional gain of ₹150.64 crore from ETPL transaction
Subsidiary Update:
News18 Marathi Private Limited became a wholly owned subsidiary effective October 29, 2025, after acquisition from joint venture partner Lokmat Media Private Limited.
Associate Status Change:
Eenadu Television Private Limited (ETPL) ceased to be an associate effective July 7, 2025, due to assignment of voting rights on 24.5% equity holding to ETPL promoter.
Auditor's Scope Limitations:
The review report notes they did not review interim financial information of 7 subsidiaries (representing total revenues of ₹28.54 crore and net profit of ₹0.02 crore for Q1 FY27) and relied on other auditors' reports for 1 joint venture, 1 associate, and 9 subsidiaries of associate.