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Entertainment Network (India) Limited

5 articles
Entertainment Network India's FY26 results reveal a dynamic shift towards digital revenue, which surged 84% year-over-year, now representing over 48% of core radio revenues. While consolidated revenue grew modestly at 3.9% to ₹565 crore, the company's digital business is increasingly pivotal to its growth strategy, highlighted by new Gaana features and significant event IPs. Despite a net loss of ₹739 lakhs, the board approved a ₹2 per share dividend, reflecting confidence in the company's financial position and strong cash balances of ₹4.24 billion. Furthermore, ENIL is undertaking strategic asset transfers, including four FM radio stations, signaling a potential reshaping of its portfolio.