Pritish Nandy Communications Limited has informed the Exchange regarding a press release dated May 26, 2026, titled "PNC declares Q4 and annual results for 2025-26".
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Pritish Nandy Communications reported a net loss of Rs 1,258.87 lakh for FY 2025-26, compared to a loss of Rs 97.14 lakh in the previous year. Revenue grew modestly from Rs 3,424.99 lakh to Rs 3,830.99 lakh. The significant increase in losses was primarily due to an exceptional item of Rs 1,756.09 lakh, representing a write-down of the company's content library following a licensing agreement with Shemaroo Entertainment for 18 titles. The company clarified this write-down has no impact on cash flows or future operations. The company saw success with its Netflix original 'The Royals' trending globally and received Rs 255 lakh from settlement of a litigation with White Feather Films.
The content library write-down inflated losses significantly, but this is a non-cash, non-recurring charge that does not affect cash position or ongoing operations. Revenue growth of ~12% shows underlying business improvement despite the reported net loss.