Raj Television Network returned to profitability in FY26, reporting a net profit after tax (PAT) of ₹79.12 crore, a significant turnaround from a loss of ₹210.13 crore in the previous year. The company scheduled its 32nd Annual General Meeting for September 30, 2026, to approve these financial results and key board resolutions.

The return to profit was driven by disciplined cost management rather than top-line growth. Total revenue declined 44% year-on-year to ₹700.45 crore from ₹1,258.21 crore in FY25. Despite the revenue contraction, operating efficiency improved markedly, with EBITDA rising to ₹41.12 crore from a negative ₹197.13 crore in the prior period.

Financial Performance

The company’s focus on reducing expenditures helped stabilize its bottom line. Operating expenses were cut significantly, contributing to a positive EBITDA margin of 5.87%. Finance costs also decreased to ₹27.52 crore from ₹37.83 crore as long-term borrowings were reduced.

Debt levels saw a notable reduction, with total borrowings falling to ₹205.92 crore as on March 31, 2026, compared to ₹261.02 crore a year earlier. Long-term debt specifically dropped by nearly 40% to ₹78.00 crore. This deleveraging effort improved the debt-equity ratio to 0.37 from 0.53.

AGM Resolutions

Shareholders will vote on several special resolutions at the upcoming AGM. Key items include:

• Re-appointment of Mrs. Bharathi Sridhar as an Independent Director for a second five-year term.
• Ratification of remuneration for Cost Auditors M/s. S V M & Associates for FY27.
• Adoption of the audited financial statements for FY26.

The meeting will be held via Video Conference or Other Audio Visual Means, with the deemed venue at the registered office in Chennai. Shareholders holding shares as of September 23, 2026, are eligible to vote.

What the Numbers Show

The divergence between revenue decline and profit recovery highlights a strategic shift towards operational discipline. While broadcasting income fell sharply, likely due to broader industry headwinds affecting linear TV advertising, the company successfully contained costs. The reduction in administrative and other expenses, alongside lower finance costs due to debt repayment, allowed Raj Television to generate positive cash flows from operations of ₹75.31 crore, up from an outflow of ₹51.69 crore in FY25. This suggests that while top-line growth remains challenged, the business model is stabilizing through rigorous expense control.

Raj Television Network Limited has submitted its unaudited financial results for the quarter ended June 30, 2026, to the Bombay Stock Exchange and the National Stock Exchange of India. The Board of Directors approved the results at a meeting held on August 11, 2026, following recommendations from the Audit Committee.

The submission was made in accordance with Regulation 30 and Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published extracts of the results in "Trinity Mirror" and "Makkal Kural" on August 12, 2026.

Regulatory Compliance

Raj Television Network Limited confirmed that the unaudited financial results, along with the Statutory Auditors' Limited Review Report, are hosted on its official website. The filing satisfies the mandatory disclosure requirements under Regulation 33 read with Regulation 47(1) of the SEBI (LODR) Regulations, 2015.

Managing Director Raajhendhran M signed the communication, which was countersigned by Company Secretary and Compliance Officer Priyanka Mudaliyar. The document references the company's Corporate Identity Number (CIN) L92490TN1994PLC027709 and registered office in Chennai.