TV Today Network net profit rises 43% YoY in Q1FY26 on margin gains

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Reviewed by
Ashish TScanX News Team
Key Highlights

T.V. Today Network Limited posted a 43% increase in standalone net profit to ₹10.49 crore for Q1FY26, aided by a near-doubling of EBITDA margins to 7.66%. Revenue rose 5% to ₹206.22 crore while expenses remained controlled. The company continues to divest its radio business.

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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:

Metric: Q1FY26 (₹ Cr) Q1FY25 (₹ Cr) Change
Revenue from Operations 206.22 197.19 +5%
Total Income 212.64 207.84 +2%
Total Expenses 198.59 197.75 -0.4%
EBITDA Margin 7.66% 3.82% +384 bps
Net Profit (Standalone) 10.49 7.32 +43%
EPS (Basic) ₹1.76 ₹1.22 +44%

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.

Historical Stock Returns for TV Today Network

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-1.10%-1.56%-8.71%-23.03%0.0%

How will the completion of the radio business sale impact T.V. Today's consolidated revenue structure and future capital allocation strategies?

What specific operational efficiencies or cost-cutting measures contributed to the EBITDA margin doubling, and are these gains sustainable in Q2FY26?

Given the decline in other income, what new revenue streams or digital transformation initiatives is the company pursuing to offset this trend?

TV Today Network confirms no final dividend for FY26

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Reviewed by
Naman SScanX News Team
Key Highlights

TV Today Network confirmed that its Board did not recommend a final dividend for the financial year 2025-26 during its meeting on May 15, 2026. This clarification was issued to the National Stock Exchange of India Limited (NSE) and BSE Limited on June 18, 2026, in response to an inquiry regarding the status of the dividend.

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tv today network has confirmed that its Board did not recommend a final dividend for the financial year 2025-26. The decision was taken during the Board meeting held on May 15, 2026. Consequently, the payout was not disclosed in the outcome of the respective Board meeting.

The clarification follows an email received from the National Stock Exchange of India Limited (NSE) dated June 18, 2026. The exchange had sought details regarding the status of the final dividend that was reportedly placed for recommendation before the Board. In its response, the company explicitly stated that no such dividend was recommended.

Board Meeting Details

The Board of Directors reviewed the financials and dividend distribution policy during its meeting on May 15, 2026. The decision to forgo the final dividend implies that shareholders will not receive a payout for the second half of the financial year. The company has requested the exchanges to take this clarification on record.

The communication was addressed to the Listing Departments of both BSE Limited and NSE Limited. It was signed by Ashish Sabharwal, Group Head – Secretarial & Company Secretary, on behalf of T.V. Today Network Limited.

Historical Stock Returns for TV Today Network

1 Day5 Days1 Month6 Months1 Year5 Years
+1.89%-1.10%-1.56%-8.71%-23.03%0.0%

What strategic initiatives or capital allocation plans might TV Today Network prioritize instead of paying dividends?

How could the decision to skip the final dividend impact shareholder sentiment and stock performance in the near term?

Does this move signal a shift in the company's dividend distribution policy for future financial years?

More News on TV Today Network

1 Year Returns:-23.03%