Entertainment Network (India) Limited has informed the Exchange about General Updates
ENIL · price
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Awaiting price reaction for this filing.
Entertainment Network (India) Limited (ENIL), operator of Radio Mirchi and Gaana, has submitted its Annual Report for FY 2024-25 to BSE and NSE under SEBI Listing Regulations. The 26th Annual General Meeting is scheduled for 12 September 2025 at 3:00 PM via video conference. For FY25, the company reported total revenue of ₹56,347.5 lakhs (up 3% from ₹54,680.9 lakhs in FY24), while net profit fell sharply to ₹1,180 lakhs from ₹2,813.7 lakhs in FY24, a drop of about 58%. EBITDA also declined to ₹10,960.8 lakhs from ₹12,426.2 lakhs, with EPS at ₹2.5 versus ₹5.9 previously. The IP/events business grew 54% and international operations turned profitable for the first time, with Gaana capturing around 20% of India's paid music OTT subscriber base.
The filing itself is a routine regulatory disclosure, but the underlying financials show weakening profitability despite revenue growth, which may weigh on investor sentiment. However, growth in the IP business and first-ever profit from international operations provide some positive signals for long-term shareholders.