BAG Films & Media reported a consolidated net profit of ₹84.08 crore for the quarter ended June 30, 2026, a decline of 13% from ₹96.54 crore in the same quarter of the previous fiscal year. The company’s consolidated total income from operations grew by 12.7% to ₹3,887.7 crore, up from ₹3,449.1 crore in Q1FY26.

The Board of Directors approved the unaudited standalone and consolidated financial results during its meeting held on August 14, 2026. The results were reviewed by the Audit Committee in accordance with Regulation 33 read with Regulation 47(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Consolidated net profit before tax stood at ₹418.11 crore, compared to ₹279.10 crore in Q1FY25. The pre-tax margin expanded significantly, reflecting improved operational leverage despite the lower post-tax bottom line. Standalone net profit after tax was ₹93.48 crore, up from ₹78.99 crore in the corresponding quarter last year.

Standalone total income from operations reached ₹1,036.6 crore, an increase of 10.6% over ₹937.0 crore in Q1FY26. Standalone earnings per share (EPS) were ₹0.04, matching the ₹0.04 recorded in the prior year quarter.

What the Numbers Show

A notable divergence exists between the pre-tax and post-tax performance in the consolidated books. While consolidated net profit before tax surged nearly 50% to ₹418.1 crore, the net profit after tax fell 13% to ₹84.1 crore. This suggests that tax provisions or other non-operating charges absorbed a significant portion of the operational gains, reducing the final take-home profit for shareholders despite robust top-line and pre-tax growth.

News24 Broadcast India Limited, a subsidiary of B.A.G. Films and Media Limited, has announced the promotion of Mr. Manak Gupta to the position of Managing Editor with immediate effect. The appointment aims to strengthen the network's editorial leadership as it moves into its next phase of growth.

Mr. Gupta has been associated with the organisation since 2010, bringing over 15 years of anchoring experience to his new role. His flagship programme, “Rashtra Ki Baat,” airs daily at 5 PM on News24 and is noted for its significant viewership. In his capacity as Managing Editor, he will assume responsibility for all editorial operations, programming strategy, and content direction across the network.

Ms. Anuradha Prasad Shukla, CMD, expressed confidence in Mr. Gupta’s ability to lead the broadcast newsroom. The company stated that this promotion reinforces its commitment to innovation, operational excellence, and sustained shareholder value creation.

Key Details of the Appointment