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TV Today Network reports 40% growth in Q1 profit

TV Today Network reports 40% growth in Q1 profit

TV Today Network began FY27 on a strong note, reporting a 39.6% year-on-year rise in consolidated net profit for the quarter ended June 30, 2026. The company attributed the growth to a robust performance in its television and digital media business.

Consolidated net profit stood at Rs 10.26 crore, compared to Rs 7.35 crore in the corresponding quarter last year. Revenue from operations grew 4.6% to Rs 206.22 crore, up from Rs 197.19 crore a year ago. Total income reached Rs 212.66 crore, though lower other income moderated the overall growth.

Profit before tax from continuing operations increased 37.4% to Rs 13.74 crore, while profit from continuing operations rose to Rs 10.11 crore, reflecting improved operational efficiency.

The television and other media segment emerged as the key growth driver, with segment profit surging to Rs 12.88 crorefrom Rs 2.91 crore in the year-ago quarter. Revenue from the segment also registered healthy growth during the period.

On the cost front, overall expenses remained largely stable at Rs 198.92 crore. While production costs increased, lower operating expenses helped strengthen margins.

The company’s radio business continues to be classified as a discontinued operation following its proposed divestment to Abhijit Realtors and Infraventures. The transaction has received key regulatory approvals, including clearance from the Ministry of Information and Broadcasting and the Wireless Planning and Coordination Wing. TV Today Network said the sale process remains on track, with the radio business continuing to be treated as assets held for sale as of June 30, 2026.

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