TV Today Network Limited has filed its fourth Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 with BSE Limited and the National Stock Exchange of India Limited on August 10, 2026, as part of its Integrated Annual Report for the financial year. Prepared in alignment with the nine principles of the National Guidelines on Responsible Business Conduct (NGRBCs), the report outlines the company's approach to integrating environmental, social, and governance (ESG) considerations into its operations, strategies, and decision-making processes. The report is prepared on a standalone basis and covers the period ending March 31, 2026.

Company Overview and Key Highlights

TV Today Network Limited, incorporated on December 28, 1999, is engaged in the broadcasting of news and current affairs across multiple platforms including television and digital media, contributing 98.97% of its turnover. The company operates 21 national offices and has a reach across 67 countries worldwide. Exports constitute 13.64% of total turnover. The company's paid-up capital stands at ₹29,83,43,075. For FY 2025-26, CSR is applicable under Section 135 of the Companies Act, 2013, with a reported turnover of ₹817.15 Crores and net worth of ₹889.21 Crores.

The following table summarises key corporate and ESG highlights for FY 2025-26:

Workforce and Human Capital

As of March 31, 2026, the company employed a total of 2,329 employees, comprising 2,121 permanent and 208 other-than-permanent employees. The gender composition reflects 1,740 male (75%) and 589 female (25%) employees. The Board of Directors comprised 6 members, with 3 females representing 50% of the Board. The company reported no workers category, as this is not applicable to its operations.

The following table presents employee turnover rates across three financial years:

All 2,329 employees received training on human rights issues and policy. Health and safety as well as skill upgradation trainings were delivered to 92% of permanent employees, while performance and career development reviews were conducted for 100% of permanent employees. The cost incurred on well-being measures as a percentage of total revenue stood at 0.78% in FY 2025-26, compared to 0.40% in FY 2024-25. The company achieved a 100% return-to-work rate and reported zero Lost Time Injuries, fatalities, or work-related injuries during the year.

Environmental Performance

TV Today Network monitors its environmental footprint across energy consumption, water usage, greenhouse gas emissions, and waste generation. The company reported no energy consumption from renewable sources during FY 2025-26. All energy consumed was from non-renewable sources.

The following table presents key environmental metrics for FY 2025-26 and FY 2024-25:

The company operates a Zero Liquid Discharge system at its Corporate Office. Scope 1 direct emissions arise primarily from petrol/diesel consumed by company-owned vehicles and DG sets, while Scope 2 indirect emissions are attributable to grid electricity consumption. A dual fuel system (Diesel + PNG) was implemented in DG sets during the year to reduce direct emissions. Capex investments directed towards improving environmental and social impacts of products and processes stood at 27.14% of total capex in FY 2025-26, compared to 35.56% in FY 2024-25.

CSR Performance and Social Initiatives

During FY 2025-26, TV Today Network implemented 7 CSR projects across key thematic areas, with CSR investments strategically concentrated across five aspirational districts in Uttar Pradesh, Rajasthan, Bihar, and Jharkhand. The following table summarises CSR project outcomes:

CSR spending was directed across four aspirational districts: Chitrakoot (Uttar Pradesh) — ₹24,90,321; Baran (Rajasthan) — ₹25,20,000; Jamui & Banka (Bihar) — ₹13,00,950; and Giridih (Jharkhand) — ₹11,39,250. The company's cumulative social impact through FY 2025-26 has positively transformed the lives of over 5 lakh beneficiaries. By 2030, the company aims to extend its reach to an additional 2.5 lakh individuals through sustainable and inclusive CSR initiatives, targeting a total of 7.5 lakh beneficiaries.

Governance, Ethics, and Stakeholder Engagement

TV Today Network's governance framework is anchored by a dedicated ESG Committee responsible for overseeing the implementation of the Business Responsibility and Sustainability Policy. All nine NGRBC principles are covered through the company's policy framework, which includes a Business Responsibility & Sustainability Policy, Vigil Mechanism/Whistleblower Policy, Prevention of Sexual Harassment (POSH) Policy, and Corporate Social Responsibility Policy. The company holds ISO 27001:2022 certification for its IT policies and framework.

Key governance disclosures for FY 2025-26 include:

• Fines/Penalties: Nil monetary or non-monetary penalties imposed on the company, its directors, or KMPs
• Conflict of Interest Complaints: Nil complaints received relating to Directors or KMPs
• Anti-Competitive Orders: No adverse orders issued by any regulatory authority
• Data Breaches: Nil instances reported during the year
• POSH Complaints: 1 complaint filed and upheld in FY 2025-26 (compared to 3 in FY 2024-25)
• Customer Complaints (Viewer): 1,230 complaints received in FY 2025-26, all resolved with nil pending at year-end

The number of days of accounts payables stood at 97.08 in FY 2025-26, compared to 91.64 in FY 2024-25. Sales to dealers/distributors as a percentage of total sales were 57.4% in FY 2025-26 (FY 2024-25: 62.3%), with sales to top 10 dealers/distributors accounting for 43.9% of total dealer/distributor sales (FY 2024-25: 52.9%). Gross wages paid to female employees as a percentage of total wages stood at 23.62% in FY 2025-26, compared to 21% in FY 2024-25. The median salary ratio of male to female employees was reported at 1.19:1, and 100% of employees are paid above the statutory minimum wage. The company is a member of six national-level industry associations, including the News Broadcasters & Digital Association (NBDA), Indian Broadcasting & Digital Foundation (IBDF), Confederation of Indian Industry (CII), and Internet and Mobile Association of India (IAMAI), among others.

T.V. Today Network Limited reported a 43% year-on-year increase in standalone net profit to ₹10.49 crore for the quarter ended June 30, 2026 (Q1FY26), driven by significant improvements in operational efficiency and margin expansion. Revenue from operations grew 5% to ₹206.22 crore from ₹197.19 crore in the corresponding period last year. The company’s EBITDA margin nearly doubled to 7.66% from 3.82%, reflecting effective cost management within its core television and media operations. This profitability surge positions the media firm favorably as it continues to wind down its non-core radio broadcasting business.

The Board of Directors approved the unaudited financial results at a meeting held on August 05, 2026, pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by S.R. Batliboi & Associates LLP, the statutory auditors, who issued a limited review report confirming compliance with Indian Accounting Standard 34 (Ind AS 34). The un-audited financial results were published in Financial Express and Jansatta newspapers on August 06, 2026, in accordance with Regulation 47 of the SEBI LODR Regulations.

Financial Performance

Standalone total income stood at ₹212.64 crore, up from ₹207.84 crore in Q1FY25. Other income declined significantly to ₹6.42 crore from ₹10.65 crore in the previous year’s quarter. Total expenses decreased slightly to ₹198.59 crore from ₹197.75 crore, primarily due to lower production costs of ₹25.45 crore versus ₹22.64 crore, offset by stable employee benefits expense at ₹88.74 crore. The key standalone and consolidated financial metrics are summarised below:

Consolidated net profit rose 40% to ₹10.26 crore from ₹7.35 crore in Q1FY25. Consolidated revenue remained flat at ₹206.22 crore, while other income dipped marginally to ₹6.44 crore. The consolidated profit before tax from continuing operations increased to ₹13.74 crore from ₹10.00 crore, reflecting better cost management in un-allocable expenses.

Segment and Operational Updates

The television and other media operations segment generated ₹206.22 crore in revenue, with segment results improving sharply to ₹13.19 crore from ₹3.00 crore in Q1FY25. This surge contributed directly to the overall profitability gain. Un-allocable income added ₹5.98 crore, partially offset by un-allocable expenses of ₹4.64 crore.

The company continues to wind down its radio broadcasting business, classified as discontinued operations. On November 25, 2025, T.V. Today Network entered into a binding Memorandum of Understanding with Abhijit Realtors and Infraventures Private Limited for the sale of its radio business for ₹10 crore. The transaction involves transferring the business to Vibgyor Broadcasting Private Limited, a wholly owned subsidiary, followed by the sale of Vibgyor's shares. Regulatory approvals from the Ministry of Information and Broadcasting and the Wireless Planning and Coordination Wing have been secured.

What the Numbers Show

The most significant driver of the quarterly profit growth was the normalization of exceptional items. In the previous quarter (Q4FY26), the company recorded an expense reversal of ₹2.72 crore due to a detailed assessment of the new Labour Codes notified by the Government of India. This adjustment reduced the incremental impact estimate from ₹12.18 crore to ₹9.46 crore. With no such exceptional adjustments in Q1FY26, the reported profit reflects pure operational performance, highlighting that the core media business is generating higher margins even as other income declines. The sharp rise in segment results from ₹3.00 crore to ₹13.19 crore, alongside the EBITDA margin expansion to 7.66%, underscores effective cost control and revenue mix optimization within the television division.