Pritish Nandy Communications Limited has informed the Exchange regarding a press release dated February 12, 2026, titled "PNC declares Q3 results for the year 2025-26".
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Awaiting price reaction for this filing.
Pritish Nandy Communications reported Q3 FY2025-26 results with total income of Rs 991.12 lakh and an operating profit (before exceptional items and tax) of Rs 212.53 lakh, but a net loss of Rs 1021.81 lakh after a one-time write-down. For the first nine months of FY2025-26, total income rose to Rs 3576.32 lakh from Rs 2628.99 lakh a year earlier, while the net loss widened sharply to Rs 1050.72 lakh from Rs 55.80 lakh. The large loss was driven by a Rs 1756.09 lakh write-down of unamortized content value, triggered by a new 11-year licensing deal with Shemaroo Entertainment for global broadcasting and streaming rights to its content library, partly offset by a Rs 442.01 lakh reversal of deferred tax liability. The company stressed there is no impact on cash flows or ongoing operations. During calendar 2025, three original shows — Ziddi Girls (Amazon Prime Video), The Royals (Netflix) and Four More Shots Please! Season 4 (Amazon Prime Video) — were released, and production of The Royals Season 2 is expected to begin this financial year.
The headline loss looks alarming but is essentially a non-cash accounting adjustment from licensing a chunk of its content library to Shemaroo, so core operating performance and cash flows remain unaffected. Revenue growth is healthy and the content pipeline is active, but shareholders should note the sharp jump in reported losses and watch for the upcoming launch of The Royals Season 2 as the next key catalyst.