ENIL Reports 42% EBITDA Growth in Q1FY27 as Digital Business Reaches 30.2% of Revenue

<h1>ENIL Reports 42% EBITDA Growth in Q1FY27 as Digital Business Reaches 30.2% of Revenue</h1>

Mumbai: Entertainment Network (India) Limited (ENIL), 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 consolidated EBITDA growth of 42%, reaching ₹8.7 Crores, driven by several strategic cost rationalization measures.

For the first quarter of FY27, consolidated revenues stood at ₹11.3 Crores, with domestic revenues amounting to ₹11.1 Crores.

The company noted that despite prevailing macro headwinds affecting traditional media segments, the non-digital business improved profitability, reporting an EBITDA growth of 7.4% and a PAT growth of 85%.

Digital Growth Drives Revenue Mix​

ENIL's digital vertical continued its strong upward trend, generating revenues of ₹21.1 Crores, which marks a 43.3% year-on-year increase. The digital business now contributes 30.2% to the company’s total revenue, up from 23.0% in Q1FY26. This expansion is attributed primarily to strong user traction and consumer engagement on Gaana.

The growth was achieved efficiently; investment dedicated to the digital business declined to ₹8.3 Crores, down from ₹9.8 Crores during the corresponding quarter last year.

Segment Performance and Financial Health​

While the digital segment performed robustly, radio advertising faced pressure amid soft industry conditions and weak advertising sentiment. The international business contributed ₹3 crore in revenue for Q1FY27.

Overall, ENIL maintained a healthy balance sheet, holding a cash reserve of ₹389.7 crore as of June 30, 2026.

Commenting on the quarter's developments, Yatish Mehrishi, CEO of ENIL, stated that Q1FY27 was marked by a challenging operating environment, noting how geopolitical uncertainty and cautious advertising spends impacted traditional media and events.

"Despite the revenue pressure, the initial benefits derived from our cost-transformation programme helped strengthen the profitability of the existing business," Mr. Mehrishi said. "Our Digital business maintained strong momentum, with revenue growing 43% and losses continuing to narrow. We remain focused on diversifying our revenue portfolio to build a business positioned for sustainable long-term growth."

ENIL is headquartered in Mumbai and operates FM radio broadcasting stations across 63 Indian cities.

ENIL Stock Price Movement​

On Wednesday, shares of Entertainment Network (India) Limited shed 0.55% to settle at ₹109.26. The stock traded a total of 15,561 shares during the session.