Entertainment Network (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
ENIL · price
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The Board of Directors of Entertainment Network (India) Limited (ENIL, operator of Radio Mirchi) met on May 16, 2025, and approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with an unmodified (clean) audit opinion from Walker Chandiok & Co LLP. On a standalone basis, FY25 total income rose modestly to Rs. 563.47 crore (vs Rs. 546.81 crore in FY24), but net profit fell sharply to Rs. 11.81 crore (vs Rs. 28.14 crore), dragged down by a 38.8% jump in production expenses to Rs. 158.32 crore. Q4 FY25 standalone net profit, however, recovered sharply to Rs. 12.54 crore, up about 39.5% YoY on a 5% rise in quarterly total income to Rs. 165.06 crore. The Board recommended a higher dividend of Rs. 2.00 per share (up from Rs. 1.50), aggregating Rs. 9.53 crore, subject to shareholder approval at the upcoming AGM. It also appointed M/s. Hemanshu Kapadia & Associates as Secretarial Auditors for a 5-year term covering FY26 to FY30.
The higher dividend is a positive signal for shareholders, but the steep full-year profit decline on rising production costs points to margin pressure that could weigh on the stock; the strong Q4 profit recovery offers some comfort and the clean audit opinion supports governance credibility.