Entertainment Network (India) Limited Reports Q3FY26 Financial Results

2 min read     Updated on 10 Feb 2026, 07:27 PM
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Reviewed by
Ashish TScanX News Team
Overview

Entertainment Network (India) Limited reported Q3FY26 financial results with revenue of ₹15,981.78 lakhs and net loss of ₹620.49 lakhs for the quarter ended December 31, 2025. The company published results in newspapers on February 12, 2026, following board approval on February 10, 2026, with performance impacted by Labour Code-related exceptional expenses.

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Entertainment Network (India) Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025. The company announced the completion of its regulatory disclosure process through newspaper publications and formal communication to stock exchanges on February 12, 2026.

Q3FY26 Financial Performance

The company's standalone financial results for the third quarter show mixed performance across key metrics. Revenue from operations reached ₹15,981.78 lakhs for the quarter, representing an increase from the previous quarter's ₹13,541.54 lakhs.

Financial Metric: Q3FY26 (₹ lakhs) Q2FY26 (₹ lakhs) Q3FY25 (₹ lakhs)
Total Revenue from Operations: 15,981.78 13,541.54 15,370.36
Loss before Tax: (1,183.55) (574.13) 1,147.90
Net Loss for Period: (620.49) (357.14) 850.65
Basic EPS (₹): (1.30) (0.75) 1.78

Nine Months Performance

For the nine months ended December 31, 2025, the company reported total revenue from operations of ₹40,819.31 lakhs compared to ₹37,267.47 lakhs in the corresponding period of the previous year. The company recorded a net loss of ₹1,492.33 lakhs for the nine-month period.

Nine Months Metrics: FY26 (₹ lakhs) FY25 (₹ lakhs)
Total Revenue: 40,819.31 37,267.47
Net Loss: (1,492.33) (73.31)
Basic EPS (₹): (3.13) (0.15)

Impact of Labour Code Implementation

The company recognized an estimated additional expense of ₹810.03 lakhs towards gratuity and leave encashment as an exceptional item. This adjustment was made following the Government of India's notification of new Labour Codes on November 21, 2025, which revised the definition of wages under various employment regulations.

Regulatory Compliance and Publication

The financial results were published in leading newspapers including Financial Express and Loksatta on February 12, 2026, as required under SEBI regulations. The company's EVP - Compliance & Company Secretary, Mehul Shah, formally communicated the publication to BSE Limited and National Stock Exchange of India Limited.

Publication Details: Information
Publication Date: February 12, 2026
Newspapers: Financial Express, Loksatta
BSE Scrip Code: 532700
NSE Symbol: ENIL

Board Approval and Governance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their meeting held on February 10, 2026. The results are prepared in accordance with Regulation 33 of the SEBI Listing Regulations and are available on the company's website and stock exchange portals for stakeholder access.

Historical Stock Returns for Entertainment Network

1 Day5 Days1 Month6 Months1 Year5 Years
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Entertainment Network (India) Limited Receives NCLT Approval for Composite Scheme Between BCCL and THPL

1 min read     Updated on 05 Feb 2026, 11:41 AM
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Reviewed by
Shriram SScanX News Team
Overview

Entertainment Network (India) Limited has announced NCLT Mumbai Bench approval of a composite scheme of arrangement between its promoter BCCL and Times Horizon Private Limited on 4 February 2026. The scheme was approved under Companies Act provisions and involves both companies' shareholders and creditors. While approved, the arrangement awaits effectiveness with further updates to be provided by the involved parties.

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Entertainment network (India) Limited has announced a significant corporate development regarding the approval of a composite scheme of arrangement involving its promoter company and related entity. The disclosure was made on 5 February 2026 pursuant to regulatory requirements under SEBI listing obligations.

NCLT Approval Details

The National Company Law Tribunal (NCLT) Mumbai Bench has approved the composite scheme of arrangement between Bennett Coleman and Company Limited (BCCL) and Times Horizon Private Limited (THPL) on 4 February 2026. The approval was granted under Sections 230-232 and other applicable provisions of the Companies Act, 2013.

Parameter: Details
Approval Date: 4 February 2026
Approving Authority: NCLT Mumbai Bench
Legal Framework: Sections 230-232, Companies Act 2013
Parties Involved: BCCL and THPL
Scope: Shareholders and creditors

Corporate Structure and Relationships

The scheme involves key entities within the Times Group structure. BCCL functions as the promoter of Entertainment Network (India) Limited, while THPL operates as a wholly owned subsidiary of BCCL. Times Horizon Private Limited was incorporated in 2025 with CIN U60200MH2025PTC443127 and maintains its registered office at The Times Group, Sunteck ICON, Mumbai.

Regulatory Compliance Framework

The disclosure was made in compliance with multiple regulatory requirements. Entertainment Network (India) Limited filed the announcement under Regulation 30 and Regulation 30A of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company also referenced the SEBI Master Circular dated 30 January 2026 bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.

Implementation Timeline

While the NCLT has granted approval for the composite scheme, the arrangement is not yet effective. Both BCCL and THPL have indicated they will provide further updates as and when the scheme becomes operational. The companies had previously disclosed information regarding this reorganization on 25 September 2025, with Entertainment Network (India) Limited making its initial disclosure on 26 September 2025.

Key Signatories and Documentation

The disclosure documents were signed by senior executives from the respective organizations. Mehul Shah, EVP - Compliance & Company Secretary of Entertainment Network (India) Limited, signed the regulatory filing. Chanda Makhiya Thadani, Company Secretary of BCCL, and Ashish Khude, Director of THPL, provided confirmations on behalf of their respective companies regarding the NCLT approval.

Historical Stock Returns for Entertainment Network

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%-0.95%-7.50%-38.24%-24.97%-34.75%
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