ENIL Records 42% EBITDA Growth in Q1FY27 as Digital Business Reaches ₹31.1 Crores
Entertainment Network (India) Ltd, operator of Radio Mirchi and audio streaming platform Gaana, announced its audited financial results for the first quarter ended June 30, 2026. The company reported a significant increase in EBITDA following strategic cost rationalization measures despite prevailing macroeconomic headwinds.Consolidated revenues stood at ₹113 Crores for Q1FY27, with domestic revenues reaching ₹111 Crores. ENIL’s EBITDA grew by 42% to ₹8.7 Crores. The performance was underpinned by the continued momentum in the company's digital segment.
The digital business reported a strong upward trajectory, achieving revenues of ₹31.1 Crores, marking a 43.3% year-on-year increase. This revenue stream now constitutes 30.2% of the company’s total revenue, up from 23.0% in Q1FY26. The growth is attributed to strong user traction and consumer engagement on Gaana. Notably, the investment in digital business declined to ₹8.3 Crores, down from ₹9.8 Crores in the corresponding period last year, indicating improved efficiency alongside revenue growth.
The non-digital business segment demonstrated solid profitability improvement, delivering 7.4% EBITDA growth and 85% PAT growth during the quarter. The international business contributed ₹3 Crore to the results for Q1FY27.
Despite these operational improvements, radio advertising faced challenges amid soft industry conditions and weak advertising sentiment.
Key financial parameters for the first quarter ended June 30, 2026:
| Metric | Value |
|---|---|
| Consolidated Revenues | ₹113 Crores |
| Domestic Revenues | ₹111 Crores |
| EBITDA | ₹8.7 Crores (42% growth) |
| Digital Business Revenue | ₹31.1 Crores |
| Cash Balance | ₹389.7 crore |
Commenting on the developments, Yatish Mehrishi, CEO of ENIL, acknowledged that Q1FY27 was characterized by a challenging operating environment due to geopolitical uncertainty and cautious advertising spends impacting traditional media and events.
He stated that initial benefits from the cost transformation program helped strengthen existing business profitability. Mr. Mehrishi added that the Digital business maintained strong momentum with 43% revenue growth, helping narrow losses. ENIL remains focused on diversifying its revenue portfolio to ensure sustainable long-term growth.
ENIL Stock Price Movement
As of 11:11 AM, shares of Entertainment Network (India) Limited are slipping by 1.24% in live trading, currently at ₹107.9 following a drop of ₹1.36. The stock has seen a traded volume of 2,727 shares as the company trades amid volatility.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.