Music Broadcast Limited Announces Q1 FY27 Results; Total Income Reaches 5,274.41 Lakhs
Music Broadcast Limited has reported its Unaudited Financial Results for the quarter ended June 30, 2026. The results reflect performance metrics across the first quarter (Q1) and provide a detailed view of operations against previous quarters and the full financial year ending March 31, 2026.The company reported Total Income of 5,274.41 lakh in the quarter ended June 30, 2026, while Revenue from operations stood at 4,454.32 lakh and Other income amounted to 820.09 lakh. For this quarter, the company reported a profit for the period of 922.25 lakh, with Earnings per share (Basic and Diluted) standing at 0.27.
A comparative look at the performance metrics across the reporting periods is provided below:
| Metric | Q Ended June 30, 2026 (Unaudited) | Q Ended March 31, 2026 (Audited) | Q Ended June 30, 2025 (Unaudited) | FY Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 4,454.32 | 4,079.14 | 4,932.45 | 17,443.25 |
| Total income | 5,274.41 | 4,535.14 | 5,634.12 | 20,118.69 |
| Total expenses | 4,042.06 | 9,615.37 | 5,852.10 | 25,683.76 |
| Profit/(loss) before tax | 1,232.35 | (5,080.23) | (217.98) | (5,565.07) |
| Total tax expense | 310.10 | (284.64) | (0.56) | (232.66) |
| Profit/(loss) for the period | 922.25 | (4,795.59) | (217.42) | (5,332.41) |
Operational Updates and Financial Context
The company noted that during the previous financial year, all outstanding Non-Convertible Redeemable Preference Shares (NCRPS) were redeemed on January 19, 2026. As a result, no listed non-convertible securities were outstanding as of June 30, 2026.In the context of the full financial year ended March 31, 2026, the company provided for an impairment loss amounting to approximately 4,900 lakh, computed because the value in use of its net assets was lower than the carrying value of its net assets.
The results are also contextualized by ongoing legal proceedings. The company's financial statements reference legal disputes among promoters and promoter group members regarding petitions filed before the National Company Law Tribunal (NCLT). Furthermore, concerning a past judgment from the Madras High Court in a case involving PPL, which had previously required a deposit of approximately 1,550 lakh, this requirement was set aside by the Madras High Court on December 10, 2025.
Auditor’s Review
M/s S.N Dhawan & Co. LLP conducted a review of the Unaudited Financial Results for the quarter ended June 30, 2026. The firm confirmed that based on its review, nothing came to their attention that caused them to believe that the accompanying Statement had not disclosed the required information or contained any material misstatement.RADIOCITY Stock Price Movement
On Wednesday, shares of Music Broadcast Limited held steady in the market, settling at ₹5.98 after trading flat compared to the previous close. The equity saw movement within a narrow band, ranging from a low of ₹5.97 to a high of ₹6.15, with 47,717 shares exchanged during the session.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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