
Entertainment Network (India) Ltd reported consolidated revenue of Rs 113 crore for Q1FY27, ended June 30, 2026, while EBITDA rose 42% to Rs 8.7 crore, Times Now reports. Domestic revenue stood at…
Entertainment Network (India) Ltd reported consolidated revenue of Rs 113 crore for Q1FY27, ended June 30, 2026, while EBITDA rose 42% to Rs 8.7 crore, Times Now reports. Domestic revenue stood at Rs 111 crore. The company said cost rationalisation supported profitability despite soft radio advertising demand.
Digital revenue, led by Gaana, grew 43.3% year on year to Rs 31.1 crore and accounted for 30.2% of total revenue, compared with 23% a year earlier. Digital investment fell to Rs 8.3 crore from Rs 9.8 crore. ENIL reported Rs 389.7 crore in cash and said digital losses continued to narrow.
The easy story is that Gaana has solved ENIL’s problems, while the opposite claim is that radio’s weak advertising makes the business unviable. Neither follows from one quarter. Digital growth is strong, but profitability also benefited from cost cuts, and traditional advertising remains under pressure. The useful test is whether digital revenue keeps growing while losses narrow without further cuts that weaken Radio Mirchi’s core business.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.