Music Broadcast Limited Reports Q3FY26 Results with 24% Revenue Decline
Music Broadcast Limited announced Q3FY26 results showing revenue decline of 24% YoY to ₹5,481.21 lakhs while net profit improved marginally to ₹368.38 lakhs. The company faced nine-month losses of ₹536.82 lakhs and reconstituted its Risk Management Committee with enhanced leadership structure.
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Music Broadcast Limited has announced its unaudited financial results for the quarter ended December 31, 2025, following a board meeting held on February 2, 2026. The company reported mixed performance with declining revenue but improved profitability metrics.
Financial Performance Overview
The company's quarterly performance showed a significant revenue decline compared to the previous year, though profitability remained positive.
| Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹4,647.53 lakhs | ₹6,538.14 lakhs | -28.91% |
| Total Income: | ₹5,481.21 lakhs | ₹7,212.55 lakhs | -24.00% |
| Net Profit: | ₹368.38 lakhs | ₹360.19 lakhs | +2.27% |
| EPS (Basic & Diluted): | ₹0.11 | ₹0.10 | +10.00% |
Nine Months Performance
For the nine months ended December 31, 2025, the company faced challenges with negative profitability despite maintaining operational revenue.
| Parameter: | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Revenue from Operations: | ₹13,364.11 lakhs | ₹17,981.06 lakhs | -25.68% |
| Total Income: | ₹15,583.55 lakhs | ₹19,966.68 lakhs | -21.95% |
| Net Loss: | ₹(536.82) lakhs | ₹418.84 lakhs | Loss vs Profit |
| EPS: | ₹(0.16) | ₹0.12 | Negative |
Key Financial Ratios
The company maintained healthy financial ratios despite operational challenges, with strong liquidity and manageable debt levels.
| Ratio: | Q3FY26 | Q3FY25 |
|---|---|---|
| Operating Margin: | 34.31% | 26.88% |
| Net Profit Margin: | 7.93% | 5.51% |
| Current Ratio: | 2.07 times | 5.48 times |
| Debt Equity Ratio: | 0.27 times | 0.23 times |
| Interest Coverage Ratio: | 22.20 times | 23.49 times |
Board Decisions and Corporate Governance
The board approved the reconstitution of the Risk Management Committee with enhanced leadership structure.
| Position: | Name | Category |
|---|---|---|
| Chairperson: | Mr. Shailesh Gupta | Non-Executive Director |
| Member: | Ms. Anita Nayyar | Independent Director |
| Member: | Ms. Divya Karani | Independent Director |
| Member: | Mr. Abraham Thomas | CEO (effective February 2, 2026) |
Upcoming Earnings Call
The company has scheduled its quarterly earnings conference call to discuss the Q3FY26 performance with investors and analysts.
| Detail: | Information |
|---|---|
| Date: | February 4, 2026 |
| Time: | 12:00 PM IST |
| Participants: | Abraham Thomas (CEO), Rajiv Shah (CFO) |
| Access: | Multiple local and international numbers provided |
The financial results were approved by the Audit Committee and Board of Directors on February 2, 2026, with statutory auditors S.N. Dhawan & CO LLP providing a limited review report. The company continues to operate primarily in the FM radio broadcasting segment under the Radio City brand.
Historical Stock Returns for Music Broadcast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.99% | -3.84% | -1.48% | -30.28% | -38.55% | -75.62% |
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