NDTV sets June 26 date for 38th AGM, e-voting opens June 23
New Delhi Television Limited has announced the schedule for its 38th Annual General Meeting, to be held via video conferencing on June 26, 2026, with remote e-voting open from June 23 to June 25. The company reported a standalone net loss of ₹3,105.91 million for FY 2025-26 on revenue of ₹3,408.86 million, while consolidated revenue grew 13.60% to ₹528.29 crore. Strategic initiatives included a ₹396.50 crore Rights Issue and the amalgamation of four subsidiaries effective October 1, 2025.

*this image is generated using AI for illustrative purposes only.
New Delhi Television Limited has scheduled its 38th Annual General Meeting (AGM) for Friday, June 26, 2026, at 12:30 PM IST through Video Conferencing and Other Audio Visual Means. The company disclosed the remote e-voting schedule, which commences on June 23, 2026, at 9:30 AM and concludes on June 25, 2026, at 5:00 PM. The cut-off date for determining shareholder eligibility is June 19, 2026. Parinita Bhutani Duggal, Company Secretary and Compliance Officer, signed the communication to the exchanges on May 30, 2026.
Financial Performance
The company reported its audited financial results for FY 2025-26. On a standalone basis, revenue from operations increased 21% to ₹3,408.86 million from ₹2,806.53 million in the previous year. Total expenses rose 29% to ₹6,586.54 million. The standalone net loss for the year stood at ₹3,105.91 million. On a consolidated basis, the group recorded strong top-line growth, with key financial highlights presented below:
| Metric | FY 2025-26 | FY 2024-25 | Change |
|---|---|---|---|
| Consolidated Revenue | ₹528.29 crore | — | +13.60% (Y-o-Y) |
| Standalone Revenue from Operations | ₹3,408.86 million | ₹2,806.53 million | +21% |
| Standalone Total Expenses | ₹6,586.54 million | ₹5,102.57 million | +29% |
| Standalone Net Loss | ₹3,105.91 million | ₹2,221.44 million | — |
| Consolidated Revenue from Operations | ₹5,282.88 million | ₹4,650.31 million | — |
| Consolidated Net Loss | ₹3,231.62 million | ₹2,180.23 million | — |
| Basic EPS (Standalone) | ₹(35.49) | ₹(34.46) | — |
| Basic EPS (Consolidated) | ₹(36.86) | ₹(33.52) | — |
The Board has decided not to recommend any dividend for FY 2025-26. The closing balance of retained earnings stood at ₹(9,835.29) million.
Rights Issue and Capital Structure
During the year, NDTV successfully completed a Rights Issue, raising ₹396.50 crore at ₹82 per share (entitlement ratio of 3:4). The issue was oversubscribed 1.11 times. Proceeds were deployed as follows:
| Utilisation | Amount |
|---|---|
| Debt Repayment | ₹229 crore |
| Strategic Initiatives | ₹71 crore |
| General Corporate Purposes | ₹96.50 crore |
Consequent to the allotment of 4,83,53,450 equity shares, the paid-up share capital increased from ₹257.89 million to ₹451.30 million. The debt reduction lowered annual interest costs from over ₹21 crore to under ₹2 crore. Promoter shareholding increased from 64.71% to 69.02%, with public shareholding at 30.98%.
Operational and Broadcast Highlights
The company delivered strong editorial and audience performance across its channel portfolio during FY 2025-26:
| Channel | Key Performance Metric |
|---|---|
| NDTV 24x7 | No. 1 English news channel with 33.40% share among affluent viewers |
| NDTV India | Highest-ever market share of 6% |
| NDTV Profit | 51% market share; ranked No. 1 in the business news genre |
| NDTV Rajasthan | 24% market share; among Top 3 channels in the genre |
| NDTV MPCG | 15% market share; ranked among top 4 in the genre |
| NDTV Marathi | Ranked 6th within one year of launch |
NDTV's digital ecosystem continued to scale, with 45 million lifetime YouTube subscribers across all NDTV Group channels, 102 million combined followers across social media platforms, and 40 billion video views across online platforms. NDTV.com recorded 508 million unique visitors, while NDTV India's website recorded 234 million unique visitors.
Strategic Developments
During the year, the Board approved the Scheme of Amalgamation of four wholly-owned subsidiaries — NDTV Media Limited, NDTV Networks Limited, NDTV Labs Limited, and NDTV Worldwide Limited — with the company. The scheme became effective from October 1, 2025. The Board also approved the acquisition of the business undertaking comprising the "GoodTimes" Channel from Lifestyle & Media Broadcasting Limited by way of slump sale, for a consideration of up to ₹18 crore on a cash-free, debt-free basis.
Key Managerial Changes
During the year, Mr. Rahul Kanwal was appointed as Chief Executive Officer with effect from May 26, 2025. Mr. Akhil Kumar Gupta was appointed as Chief Financial Officer effective December 1, 2025, following the cessation of Mr. Anup Dutta as CFO on November 30, 2025. Mr. Sanjay Pugalia was re-appointed as Whole-time Director for a further term of three years with effect from April 1, 2026.
Historical Stock Returns for New Delhi Television (NDTV)
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.55% | +3.18% | +8.81% | -6.23% | -46.34% | +47.09% |
With the Rights Issue significantly reducing annual interest costs, what is the timeline for achieving profitability given the rising operational expenses?
How will the recent amalgamation of subsidiaries and the acquisition of the 'GoodTimes' channel contribute to revenue diversification in the coming fiscal year?
What specific 'Strategic Initiatives' will the ₹71 crore from the Rights Issue fund, and how will they impact the digital ecosystem's growth?

































