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 | Q1 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 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 499 | 472 | 477 | 467 | 460 | 481 | 517 | 447 | 444 | 510 | 511 | 459 | 455 | 459 | 488 | 454 | 454 | 425 | 519 | 403 | 270 | 406 | 403 | 289 | 191 | 446 | 553 | 514 | 584 | 593 | 614 | 553 | 603 | 548 |
| Other income | 31.7 | 13.4 | 27.8 | 30.6 | 51.5 | 34 | 21.1 | 27.1 | 23.1 | 23.9 | 26.5 | 18 | 21.6 | 52.9 | 21.7 | 18.8 | 12.6 | 16.5 | 12.2 | 17.8 | 20.2 | 9.1 | 18.4 | 11.1 | 13.4 | 4 | 10.3 | 14 | 4 | 12.9 | 15.8 | 7.1 | 4.9 | 11.3 |
| Total expenses | 450 | 453 | 431 | 427 | 421 | 581 | 456 | 411 | 410 | 521 | 441 | 420 | 419 | 487 | 442 | 406 | 413 | 378 | 388 | 339 | 302 | 358 | 314 | 287 | 265 | 437 | 451 | 468 | 488 | 496 | 523 | 490 | 473 | 468 |
| EBITDA | 70 | 47.8 | 71.4 | 66.6 | 63.8 | −66.2 | 93.5 | 67.5 | 65.5 | 122 | 105 | 71.9 | 69.4 | 8.8 | 82 | 86 | 77.1 | 84.5 | 168 | 101 | 5.8 | 89.9 | 129 | 42.8 | −34.2 | 54.3 | 147 | 90.1 | 141 | 138 | 133 | 99.6 | 164 | 120 |
| EBITDA margin | 14.0% | 10.1% | 15.0% | 14.2% | 13.9% | -13.8% | 18.1% | 15.1% | 14.8% | 23.9% | 20.5% | 15.7% | 15.3% | 1.9% | 16.8% | 18.9% | 17.0% | 19.9% | 32.4% | 25.2% | 2.1% | 22.1% | 32.1% | 14.8% | -17.9% | 12.2% | 26.6% | 17.5% | 24.1% | 23.3% | 21.6% | 18.0% | 27.1% | 22.0% |
| Finance costs | 3.3 | 3.9 | 5.5 | 5.5 | 5.4 | 5.4 | 5.3 | 5.3 | 5.6 | 7.8 | 6.3 | 6.2 | 7.4 | 10.6 | 9.8 | 10.3 | 7.9 | 7.6 | 7.9 | 7.9 | 8 | 9.1 | 8.2 | 8.6 | 7.7 | 8.1 | 8.1 | 7.9 | 9.2 | 8.3 | 9.1 | 5.3 | 3.1 | 4.9 |
| Depreciation | 17.4 | 24.9 | 20.5 | 20.6 | 19.6 | 27.9 | 27.2 | 27 | 25.7 | 126 | 28.1 | 27.3 | 26.9 | 25.7 | 26.3 | 27.1 | 27.6 | 30.2 | 29.5 | 29.6 | 29.4 | 32 | 32.1 | 32.1 | 32.3 | 37.1 | 37 | 36.1 | 35.5 | 33.1 | 33.1 | 31.1 | 30.7 | 35 |
| Profit before tax | 81 | 32.4 | 73.2 | 71 | 90.2 | −65.5 | 82.1 | 62.3 | 57.4 | 12.3 | 96.9 | 56.5 | 56.8 | 25.3 | 106 | 67.4 | 54.2 | 63.2 | 148 | 81.7 | −11.4 | 52 | 103 | 13.1 | −60.9 | 13 | 112 | 60 | 100 | 110 | 106 | 70.3 | 135 | 91.8 |
| Tax | 19.8 | 26.2 | 18.2 | 14.2 | 23.6 | −14 | 19.5 | 20.7 | 16.5 | 6.4 | 23.6 | 15 | 13 | 1.9 | 23.7 | 16.9 | 13.9 | 10.8 | 38.2 | 20.7 | −4.4 | 16.3 | 25.8 | 3 | −16.3 | 5.3 | 30.6 | −65.9 | 34.9 | 39.2 | 36.1 | 25.5 | 46.3 | 29 |
| Net profit | 61.2 | 6.1 | 55.2 | 56.9 | 66.8 | −51.5 | 62.7 | 41.6 | 41 | 6 | 73.5 | 41.5 | 43.9 | 23.3 | 82.4 | 50.6 | 40.5 | 52.7 | 110 | 60.9 | −7.1 | 35.6 | 76.9 | 10.1 | −44.3 | 7.8 | 81.6 | 126 | 65.8 | 70.6 | 70.4 | 44.9 | 88.4 | 62.8 |
| Net margin | 12.3% | 1.3% | 11.6% | 12.2% | 14.5% | -10.7% | 12.1% | 9.3% | 9.2% | 1.2% | 14.4% | 9.1% | 9.7% | 5.1% | 16.9% | 11.1% | 8.9% | 12.4% | 21.3% | 15.1% | -2.6% | 8.8% | 19.1% | 3.5% | -23.2% | 1.7% | 14.8% | 24.4% | 11.3% | 11.9% | 11.5% | 8.1% | 14.7% | 11.5% |
| EPS (₹) | 2.70 | 0.78 | 2.49 | 2.69 | 3.09 | -0.72 | 2.88 | 1.97 | 1.89 | 1.05 | 3.39 | 1.95 | 2.05 | 0.94 | 3.12 | 1.96 | 1.57 | 2.06 | 4.13 | 2.35 | -0.10 | 1.34 | 2.77 | 0.46 | -1.41 | 0.39 | 2.56 | 4.12 | 2.17 | 2.24 | 2.25 | 1.40 | 2.84 | 2.02 |
| Net profit YoY | −8.3% | +111.8% | −12.0% | +36.7% | +62.7% | −954.0% | −14.6% | +0.3% | −6.5% | −74.1% | −10.8% | −18.0% | +8.4% | −55.9% | −25.3% | −16.9% | +673.8% | +48.3% | +43.4% | +500.0% | +84.1% | +358.7% | −5.8% | −91.9% | −167.4% | −89.0% | +16.0% | +180.3% | −25.6% | +12.5% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,876 | 1,888 | 1,934 | 1,856 | 1,616 | 1,289 | 2,097 | 2,363 | 2,304 |
| Other income | 123 | 105 | 90 | 106 | 66.7 | 52 | 32.3 | 40.8 | 46.7 |
| Total expenses | 1,733 | 1,857 | 1,802 | 1,748 | 1,406 | 1,224 | 1,844 | 1,983 | 1,884 |
| EBITDA | 250 | 160 | 368 | 254 | 360 | 228 | 433 | 534 | 583 |
| EBITDA margin | 13.3% | 8.5% | 19.0% | 13.7% | 22.3% | 17.7% | 20.6% | 22.6% | 25.3% |
| Finance costs | 20.3 | 21.4 | 27.6 | 38.6 | 31.5 | 33.6 | 33.3 | 25.9 | 27.1 |
| Depreciation | 85.6 | 108 | 208 | 107 | 119 | 129 | 146 | 128 | 136 |
| Profit before tax | 267 | 136 | 222 | 253 | 282 | 107 | 286 | 421 | 467 |
| Tax | 82.2 | 42.7 | 58 | 56.4 | 65.3 | 28.9 | 4.9 | 147 | 156 |
| Net profit | 185 | 93.9 | 165 | 197 | 217 | 78.3 | 281 | 274 | 311 |
| Net margin | 9.9% | 5.0% | 8.5% | 10.6% | 13.4% | 6.1% | 13.4% | 11.6% | 13.5% |
| EPS (₹) | 9.05 | 6.02 | 8.44 | 7.61 | 8.41 | 3.16 | 9.32 | 8.65 | 9.96 |
| Net profit YoY | +96.9% | −43.0% | −16.2% | −9.3% | +176.9% | −72.1% | +2.4% | −11.8% | – |
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 | 269 | 224 | 297 | 272 | 322 |
| Investing cash flow | −37.5 | −13.7 | 28.5 | 249 | −204 |
| Financing cash flow | −236 | −222 | −307 | −517 | −123 |
| Capital expenditure | 44.2 | 54.6 | 34.9 | 32.7 | 10.1 |
| Free cash flow (CFO − capex) | 224 | 169 | 262 | 239 | 312 |
Net profit trend
annual, ₹ croreFY21
₹78.3
FY22
₹217+177%
FY23
₹197−9%
FY24
₹165−16%
FY25
₹93.9−43%
FY26
₹185+97%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 12 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 12 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 28 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 28 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 12 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 12 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 6 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 6 Nov 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 11.2×7.6×
P/B5Y avg 0.90×0.68×
ROEFY26, on average equity9.3%
Net margin9.9%
Debt / equity0.02×
Revenue CAGR (3Y)0.4%
Profit CAGR (3Y)-2.1%
EPS (TTM)₹8.24
Market cap₹1,364 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.68×
vs 8-point avg 0.90× (−25%)
0.66× low0.90× avg1.19× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹2,709 Cr−1%
Net worth₹2,016 Cr+4%
Total borrowings₹36 Cr−66%
Cash & bank balances₹50 Cr−9%
Investments₹1,158 Cr+9%
Inventories₹42 Cr−29%
Trade receivables₹440 Cr−2%
Trade payables₹131 Cr−6%
Change vs the same date a year earlier.
Revenue mix FY26
Printing.publishing and digital78.6%result ₹222 Cr
Others12.2%result ₹10.1 Cr
FM radio business9.3%result ₹−57.7 Cr
Segment revenue as reported, before inter-segment eliminations.