Raj Television Network Reports Financial Results and Appoints Content Head
Raj Television Network Limited announced that its Board of Directors convened a meeting on May 12, 2026. During the meeting, the company considered and approved its audited financial results for the quarter and financial year ended March 31, 2026, alongside the appointment of a new senior management personnel.Audited Financial Performance
The company released its audited financial statements for the fiscal year ended March 31, 2026, and the audited results for the quarter and year to date ending March 31, 2026. Statutory Auditors, M/s. N Naresh & Co., Chartered Accountants, issued audit reports with an unmodified opinion on the financial results.The financial results showed the following total revenue and comprehensive income for the year ended March 31, 2026:
| Particulars | Quarter ended March 31, 2026 (Audited) | Year ended March 31, 2026 (Audited) |
|---|---|---|
| Total Revenue | 218,132.78 thousand | 1,260,636.14 thousand |
| Total Expenses | 150,983.55 thousand | 694,827.73 thousand |
| Net Profit (Loss) | 547.30 thousand | (247,568.13) thousand |
| Total Comprehensive Income | 1,660.72 thousand | (210,128.65) thousand |
| Basic Earnings per share | 0.04 | (4.05) |
For the period, the company's total assets stood at 1,706,706.57 thousand at March 31, 2026, compared to 1,895,678.15 thousand at March 31, 2025. The total equity for the period was 1,243,184.32 thousand.
Senior Management Appointment
In addition to announcing the financial results, the Board of Directors appointed Mr. Sri Hari Saravana Vignesh as the Content Head, effective May 12, 2026. The appointment was based on the recommendation of the Audit Committee and the Nomination Remuneration Committee.According to the disclosed profile, Mr. Sri Hari Saravana Vignesh is an Information Security and Cybersecurity professional, holding an MSc in Information Security from Royal Holloway, University of London. He possesses knowledge of ISO 27001, PCI DSS, and NIST Cybersecurity Framework. He is also the son of Mr. M Ragunathan, the Promoter and Whole Time Director of the Company.
Financial Position Summary
The balance sheet data for the company at March 31, 2026, showed total non-current assets of 1,368,087.35 thousand. Key current asset components included Trade receivables of 299,912.46 thousand and cash and cash equivalents of 2,300.59 thousand, leading to total current assets of 338,619.22 thousand.The company reported a total of 172,994.76 thousand in non-current liabilities and 290,527.49 thousand in current liabilities.
The cash flow statement for the year ended March 31, 2026, indicated that net cash generated by operating activities was 75,311.34 thousand. Net cash from investing activities was 2,325.00 thousand. The total net cash from financing activities was (79,426.14) thousand, resulting in an overall net decrease in cash and cash equivalents of (1,789.80) thousand for the year.
RAJTV Stock Price Movement
Shares of Raj Television Network Limited today slipped by 3.58% to settle at ₹22.68, falling significantly from its previous close. The stock traded on a total volume of 26,294 shares 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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