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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	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q4 FY18
Revenue from operations	565	546	537	537	531	513	511	513	503	493	505	484	499	460	478	473	449	455	448	441	439	442	431	420	456	451	442	450	0	0
Other income	32.3	20.4	21.1	18.8	33.7	33.5	21	30.5	21.8	40.3	30.8	32.8	34.1	28.3	26.1	28.6	14.1	18.7	20.3	24.3	9.3	35.1	29.4	68.7	58.8	61.8	68.7	56.9	0	0
Total expenses	565	544	533	532	528	510	515	508	503	494	512	494	514	484	485	480	448	445	451	424	418	411	408	428	459	473	510	520	0	0
EBITDA	75.4	76	77.4	80.9	87.6	90.8	83.1	86.3	80.7	80.2	82.1	82.6	77.5	63.1	80.7	84.6	92.6	102	89.2	110	114	123	120	118	120	116	105	93.1	0	0
EBITDA margin	13.3%	13.9%	14.4%	15.1%	16.5%	17.7%	16.3%	16.8%	16.1%	16.3%	16.3%	17.1%	15.5%	13.7%	16.9%	17.9%	20.6%	22.4%	19.9%	24.9%	25.9%	27.8%	27.9%	28.2%	26.4%	25.8%	23.8%	20.7%	–	–
Finance costs	0.2	0.2	0.2	0.2	0.3	0.3	0.3	0.4	0.4	0.5	0.3	0.2	0.1	0.2	0	0	0	0.1	0	0.1	0.1	0.1	4.3	33	43.1	49.6	51.9	81.8	0	0
Depreciation	75.4	73.7	74	76.4	84.8	87.5	87	80.8	80.8	79.9	89.6	92.7	92	87.8	86.9	91.2	91.4	92.2	92	92.1	92.9	91.9	92.8	93.6	80.1	89.3	121	81.2	0	0
Profit before tax	32.1	22.4	24.3	23	36.3	36	16.4	35.8	20.4	40.1	23	22.6	19.5	−4.2	19.8	21.5	5.5	18.2	9.2	41.9	24.6	66.1	52.8	60.3	55.8	39.4	−5.4	−12.9	0	0
Tax	8.1	5.8	6.5	8	9.3	5.9	5.4	14.1	7	11	8.4	13.9	8.9	5.1	4.1	7.8	4.1	4.8	6.7	10.2	−27.5	21.5	17.1	14.3	5.1	−16.7	8	7.7	0	0
Net profit	24.6	11.3	21.7	18.3	31	34.8	13.6	25.8	18.3	34.6	22.4	20	22.4	−14.6	28.8	30.2	28.4	34	19.1	48.9	72.1	62.7	52.3	66.1	49.1	68.2	−2.4	−9.4	0	0
Net margin	4.3%	2.1%	4.0%	3.4%	5.8%	6.8%	2.7%	5.0%	3.6%	7.0%	4.4%	4.1%	4.5%	-3.2%	6.0%	6.4%	6.3%	7.5%	4.3%	11.1%	16.4%	14.2%	12.1%	15.7%	10.8%	15.1%	-0.5%	-2.1%	–	–
EPS (₹)	0.14	0.06	0.12	0.10	0.18	0.20	0.08	0.15	0.10	0.20	0.13	0.11	0.13	-0.08	0.16	0.17	0.16	0.19	0.11	0.28	0.41	0.35	0.30	0.37	0.28	0.38	-0.01	-0.05	0.00	0.00
Net profit YoY	−20.9%	−67.7%	+59.2%	−29.2%	+69.4%	+0.7%	−39.0%	+28.7%	−18.1%	+336.6%	−22.3%	−33.8%	–	−151.4%	−15.4%	+58.7%	−60.6%	−45.8%	−63.6%	−26.0%	+47.0%	−8.0%	+2262.4%	+804.3%	–	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Revenue from operations	2,150	2,040	1,981	1,858	1,793	1,732	1,798	1,558	1,531
Other income	94	107	138	101	77.4	142	246	60.9	13.6
Total expenses	2,138	2,036	2,014	1,900	1,767	1,665	1,961	1,823	1,686
EBITDA	322	341	322	315	393	475	435	309	332
EBITDA margin	15.0%	16.7%	16.3%	17.0%	21.9%	27.4%	24.2%	19.8%	21.7%
Finance costs	0.9	1.4	1.1	0.2	0	37.5	226	221	153
Depreciation	309	336	354	357	368	371	371	352	335
Profit before tax	106	109	105	50.6	74.7	204	76.9	−633	−147
Tax	29.5	32.4	42.3	25.1	25.8	25.4	4.1	−439	−0.4
Net profit	82.2	92.5	99.3	65.4	130	253	105	−188	−108
Net margin	3.8%	4.5%	5.0%	3.5%	7.3%	14.6%	5.9%	-12.0%	-7.0%
EPS (₹)	0.46	0.52	0.56	0.37	0.73	1.43	0.59	-1.90	-1.30
Net profit YoY	−11.1%	−6.8%	+51.9%	−49.9%	−48.5%	+140.1%	+156.2%	−74.0%	–

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	199	290	−410	453	333
Investing cash flow	−210	−264	274	−303	−382
Financing cash flow	−6.9	−8.5	−1.4	0	−0.1
Capital expenditure	176	198	220	393	380
Free cash flow (CFO − capex)	22.6	92.2	−630	60.6	−47.7

Net profit trend

annual, ₹ crore

FY21

₹253

FY22

₹130−49%

FY23

₹65.4−50%

FY24

₹99.3+52%

FY25

₹92.5−7%

FY26

₹82.2−11%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	16 Jul 2026	PDF on NSE XBRL
Q1 FY27	Standalone	16 Jul 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	17 Apr 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	17 Apr 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	–	PDF on NSE XBRL
Q3 FY26	Consolidated	15 Jan 2026	PDF on NSE XBRL
Q3 FY26	Standalone	15 Jan 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	15 Oct 2025	PDF on NSE XBRL
Q2 FY26	Standalone	–	PDF on NSE XBRL
Q2 FY26	Standalone	15 Oct 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY267.79 MB FY255.35 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)5Y avg 28.5×23.2×

P/B5Y avg 0.64×0.39×

ROEFY26, on average equity1.9%

Net margin3.8%

Debt / equity0.00×

Revenue CAGR (3Y)5.0%

Profit CAGR (3Y)8.0%

EPS (TTM)₹0.43

Market cap₹1,758 Cr

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

P/B vs history

0.39×

vs 8-point avg 0.64× (−39%)

0.35× low0.64× avg0.84× high

History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.

Balance sheet 31 Mar 2026

Total assets₹5,182 Cr+1%

Net worth₹4,465 Cr+2%

Total borrowings₹0 Cr−80%

Cash & bank balances₹39 Cr−31%

Investments₹1,624 Cr−17%

Inventories₹0 Cr−41%

Trade receivables₹253 Cr−0%

Trade payables₹459 Cr+1%

Change vs the same date a year earlier.

Revenue mix FY26

Cable Television Business70.2%result ₹−51.7 Cr

Broadband Business27.1%result ₹10.8 Cr

Dealing in securities2.7%result ₹58.1 Cr

Segment revenue as reported, before inter-segment eliminations.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Jun 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23
Promoter	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00	75.00
FII	0.37	0.64	0.73	0.85	1.00	0.47	1.84	3.06	4.90	4.65	5.66	6.69
DII	0.00	0.00	0.00	0.00	0.08	0.07	0.08	0.07	0.06	0.05	0.04	0.04
of which MF	0.00	0.00	0.00	0.00	0.08	–	–	–	–	–	–	–
Retail	21.34	21.15	20.89	20.72	20.58	21.90	20.37	19.18	17.34	17.57	16.29	15.34
Other public	3.29	3.21	3.38	3.43	3.34	2.56	2.71	2.69	2.70	2.73	3.01	2.93

4,77,869 shareholders · NSE shareholding pattern filings.