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Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY18

₹ crore	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q4 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q4 FY18
Revenue from operations	191	158	240	179	182	156	159	131	176	179	167	152	140	148	171	195	248	206	170	183	184	150	132	138	156	137	201	169	194	169	180
Other income	1.7	14.2	1	1.2	0.8	5.9	1.3	2.4	1.4	15.6	3.2	2.2	3.8	14.1	1.3	0.8	1.9	1.5	1.2	2.2	0.9	1.2	0.9	2.2	1.7	2.4	2.8	5.6	2.2	2	2.8
Total expenses	206	197	192	193	195	200	191	200	199	188	217	196	185	178	197	204	220	174	158	153	140	127	117	134	133	130	164	152	155	145	177
EBITDA	16.3	−9.4	78.2	17.1	19.8	−8.3	6.5	−31.4	14.8	26.2	−25.4	−20.2	−19.7	0	5.3	20.4	58.6	62.3	45.3	60.2	68.4	48.4	40.9	28.7	50.9	37	65.9	38.9	58	40.9	20.2
EBITDA margin	8.5%	-5.9%	32.5%	9.6%	10.8%	-5.3%	4.1%	-24.0%	8.4%	14.6%	-15.2%	-13.3%	-14.1%	0.0%	3.1%	10.5%	23.7%	30.2%	26.6%	32.9%	37.1%	32.3%	31.0%	20.8%	32.6%	27.0%	32.8%	23.0%	29.9%	24.2%	11.3%
Finance costs	5.1	5.1	4.7	4.9	4.8	7.3	7.8	7.4	7.9	8.4	4.9	5.1	5.7	7.3	7.4	7.6	9.6	8.9	11.2	9.6	4.9	5.1	4.8	5.4	5.5	6.2	6.9	5.1	5.1	4.4	5.2
Depreciation	26.1	24.8	25.6	26.8	27.2	28.8	29.9	30.1	30.2	27	19.2	19.5	19.2	23.3	23.3	22.2	21.2	20.7	21.7	20.4	19.3	20.4	20.7	19.6	22.2	23.6	22.6	16.3	13.8	12.6	12
Profit before tax	−13.2	−29.9	48.9	−13.3	−11.4	−49.5	−29.9	−66.5	−14	−4.9	−46.4	−41.7	−34.1	−47.5	−24	−8.6	−39.5	−91.5	−3.4	21.3	45.1	24	16.4	13.3	−176	−123	39.2	−80.2	41.3	25.9	5.8
Tax	−1.1	−3.4	−3.9	2.2	−2.6	−12.8	−7.5	−16.7	−3.6	1.6	−10.5	−10.5	−8.8	−6.9	−4.9	3.4	12	11.1	5.7	10.9	10.8	5.4	4.1	4.4	6.4	3.8	13.3	6.5	13.9	8.3	0.7
Net profit	−12.1	−26.5	52.8	−15.5	−8.8	−36.7	−22.4	−49.9	−10.4	−6.5	−35.9	−30.7	−25.3	−45.8	−19.2	−12.1	−51.5	−103	−9.1	10.5	34.5	18.5	12.3	11.1	−182	−126	26.1	−86.7	27.2	17.3	4.5
Net margin	-6.4%	-16.8%	22.0%	-8.7%	-4.8%	-23.6%	-14.1%	-38.1%	-5.9%	-3.6%	-21.5%	-20.3%	-18.0%	-31.0%	-11.2%	-6.2%	-20.8%	-49.8%	-5.3%	5.7%	18.7%	12.4%	9.3%	8.1%	-116.7%	-92.3%	13.0%	-51.2%	14.0%	10.2%	2.5%
EPS (₹)	-0.19	-0.42	0.84	-0.25	-0.14	-0.59	-0.36	-0.80	-0.17	0.00	-0.57	0.49	-0.40	-0.73	-0.31	-0.19	-0.82	-1.87	-0.19	0.22	0.74	0.39	0.26	0.23	-3.86	-2.68	0.55	-1.84	0.58	0.37	0.05
Net profit YoY	−37.5%	+27.8%	+335.3%	+68.9%	+15.1%	−464.3%	+37.6%	−62.4%	+59.0%	+85.8%	−87.4%	−154.1%	–	+11.0%	–	+88.2%	−590.0%	−654.1%	−173.9%	−5.7%	+118.9%	+114.7%	−53.0%	+112.9%	−768.5%	−833.1%	–	−2037.6%	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Revenue from operations	759	622	638	721	867	649	632	687	578
Other income	17.2	11.1	24.7	19.1	5.7	5.2	9.1	11.7	9.4
Total expenses	777	790	787	776	736	536	561	587	532
EBITDA	106	−18.5	−39.2	65.6	254	218	183	174	104
EBITDA margin	13.9%	-3.0%	-6.1%	9.1%	29.3%	33.6%	28.9%	25.3%	18.0%
Finance costs	19.5	30.4	24.1	29.7	37.8	24.3	24	18	17.6
Depreciation	104	119	84.9	91.7	84.9	80.8	88	55.4	41
Profit before tax	−5.8	−160	−127	−67.6	−75.3	107	−246	49.8	54.9
Tax	−7.7	−40.5	−28.3	−4	45	31.3	27.8	36	22.5
Net profit	1.9	−119	−98.4	−68.8	−118	75.7	−271	−6.3	27.8
Net margin	0.3%	-19.2%	-15.4%	-9.5%	-13.6%	11.7%	-42.9%	-0.9%	4.8%
EPS (₹)	0.03	-1.91	1.10	-1.10	-2.07	1.61	-5.76	0.26	0.42
Net profit YoY	+101.6%	−21.3%	−43.0%	+41.5%	−255.4%	+127.9%	−4189.9%	−122.7%	–

EPS is as filed for each period and is not restated for later bonus issues or splits.

Cash flow

annual · ₹ crore

₹ crore	FY26	FY25	FY24	FY23	FY22
Operating cash flow	98.1	63.5	76.9	146	249
Investing cash flow	−3.5	−7.3	14.6	−97.7	−189
Financing cash flow	−82.8	−48.3	−92.3	−93.3	−116
Capital expenditure	10.3	10.6	15.3	108	98.2
Free cash flow (CFO − capex)	87.8	52.9	61.7	38.5	151

Net profit trend

annual, ₹ crore

FY21

₹75.7

FY22

₹−118−255%

FY23

₹−68.8+42%

FY24

₹−98.4−43%

FY25

₹−119−21%

FY26

₹1.9+102%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	14 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	14 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	29 May 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q4 FY26	Standalone · audited	29 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	12 Feb 2026	PDF on NSE XBRL
Q3 FY26	Standalone	12 Feb 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	12 Nov 2025	PDF on NSE XBRL
Q2 FY26	Standalone	12 Nov 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY2612.82 MB FY258.82 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)-333.9×

P/B2.10×

ROEFY26, on average equity0.9%

Net margin0.3%

Debt / equity0.05×

Revenue CAGR (3Y)1.8%

Profit CAGR (3Y)–

EPS (TTM)₹-0.02

Market cap₹470 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

Balance sheet 31 Mar 2026

Total assets₹873 Cr−1%

Net worth₹224 Cr+1%

Total borrowings₹11 Cr−87%

Cash & bank balances₹8 Cr−38%

Investments₹42 Cr−3%

Inventories₹0 Cr

Trade receivables₹314 Cr+58%

Trade payables₹148 Cr+35%

Change vs the same date a year earlier.

Revenue mix FY18

Television Broadcasting business99.2%result ₹93.4 Cr

E-Commerce business0.8%result ₹−28.4 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Nov 24	Sept 24	Jun 24	Mar 24
Promoter	9.04	9.48	9.48	9.48	6.30	3.90	1.62	1.62	1.62	1.62	0.42	0.07
FII	19.75	15.93	16.04	15.01	16.01	15.97	13.65	12.06	11.98	8.78	8.15	8.14
DII	4.12	4.31	4.19	4.19	4.24	4.24	4.22	4.24	0.00	0.00	0.00	0.00
Retail	42.21	44.17	44.23	43.47	41.28	40.79	40.50	41.50	41.22	40.83	44.72	46.24
Other public	24.88	26.11	26.06	27.85	32.17	35.10	40.01	40.58	45.18	48.77	46.71	45.55

1,87,238 shareholders · NSE shareholding pattern filings.