Entertainment Network Reports Q1 Losses in Standalone and Consolidated Results for June 30, 2026
Entertainment Network (India) Limited announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a net loss on both a standalone and consolidated basis.The Group operates in the media and entertainment segment and holds presences in India, the United States of America, Qatar, and Bahrain. The quarterly performance figures are summarized below:
Consolidated Financial Results (Quarter Ended June 30, 2026)
| Particulars | Quarter Ended 30.Jun-26 | Quarter Ended 31 -Mar-26 | Quarter Ended 30.Jun-25 | Year Ended 31-Mar-26 |
|---|---|---|---|---|
| Total Revenue from Operations | 11,368.50 Lakhs | 14,213.37 Lakhs | 11,694.14 Lakhs | 56,517.15 Lakhs |
| Total Income | 12,211.77 Lakhs | 15,348.12 Lakhs | 12,490.33 Lakhs | 59,788.57 Lakhs |
| Total Expenses | 12,959.79 Lakhs | 15,664.67 Lakhs | 13,320.01 Lakhs | 61,930.75 Lakhs |
| Net Loss/(Loss) for the period/year | (600.98) Lakhs | 826.68 Lakhs | (526.24) Lakhs | (739.28) Lakhs |
In the standalone results, Total Revenue from operations stood at ₹11,075.77 lakhs, while Total Income was reported at ₹11,900.13 lakhs for the quarter. The company incurred a net loss of ₹(450.27) lakhs in the period.
Standalone Financial Results (Quarter Ended June 30, 2026)
| Particulars | Quarter Ended 30.Jun-26 | Quarter Ended 31-Mar-26 | Quarter Ended 30.Jun-25 | Year Ended 31-Mar-26 |
|---|---|---|---|---|
| Total Revenue from Operations | 11,075.77 Lakhs | 13,927.90 Lakhs | 11,295.99 Lakhs | 54,747.21 Lakhs |
| Total Income | 11,900.13 Lakhs | 15,040.67 Lakhs | 12,077.54 Lakhs | 57,937.83 Lakhs |
| Net Profit/(Loss) for the period/year | (450.27) Lakhs | 928.29 Lakhs | (514.70) Lakhs | (564.04) Lakhs |
Operational and Financial Highlights
Regulatory and Accounting Changes:The Group recognized an estimated additional expense of ₹160.45 lakhs for the quarter and ₹970.48 lakhs for the year ended March 31, 2026, towards gratuity and leave encashment as an exceptional item. This decision was based on the revised definition of wages introduced by the Labour Codes notified by the Government of India in November 2025.
Asset Transfer:
The company entered into a Term Sheet with Abhijit Realtors & Infrastructure Private Limited to transfer tangible and intangible assets related to four FM Radio Stations: Kanpur 91.9 FM, Lucknow 107.2 FM, Nagpur 91.9 FM, and Hyderabad 104 FM through its subsidiary, Alternate Brand Solutions (India) Limited (ABSL). The transfer is valued at ₹1,960.00 lakhs plus applicable taxes, subject to regulatory approvals. The Ministry of Information and Broadcasting (MIB) approved the transfer of these stations to ABSL via a letter dated July 17, 2026.
Corporate Restructuring:
The company received approval from the Ministry of Information and Broadcasting (MIB), dated June 19, 2026, for the change in its largest Indian shareholder from Bennett, Coleman & Company Limited (BCCL) to Times Horizon Private Limited (THPL). This follows an agreement executed between BCCL and THPL, which was approved by the National Company Law Tribunal (NCLT), Mumbai Bench, on February 4, 2026.
The consolidated results reflect that Exceptional items include a charge of ₹160.45 lakhs for the quarter and ₹970.48 lakhs for the year due to the Labour Codes impact.
ENIL Stock Price Movement
On Wednesday, shares of Entertainment Network (India) Limited slipped by 0.55% after shedding ₹0.60 in the session, settling at a close price of ₹109.26. Trading volume for the company totaled 15,561 shares on the day.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.
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