Raj Television Network Limited has informed the Exchange regarding 'Re-submission of financial results for the period ended 30-Jun-2025 in Machine Readable Form'.
RAJTV · price
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Awaiting price reaction for this filing.
Raj Television Network's board met on August 13, 2025 and approved the re-appointment of four directors — all brothers — for a fresh five-year term starting April 1, 2026. Mr. M. Raajhendhran will continue as Chairman and Managing Director, while M. Rajarathnam, M. Ravindran, and Kannappa Pillai Mani Ragunathan will continue as Whole-Time Directors. The company also submitted its unaudited Q1 FY26 results, showing revenue from operations of about ₹16.57 crore, down sharply from ₹25.43 crore a year ago. However, the company swung to a net profit of about ₹35 lakh versus a ₹16.88 crore loss in Q1 FY25, helped by significantly lower content costs. The board also approved the sale of a 683 sq yard property in Jubilee Hills, Hyderabad, and recommended no dividend for the quarter.
Continuity at the top with the promoter family (four brothers) retaining control of the board should provide stability but also limits fresh independent oversight. The return to profit is a positive signal, though revenue decline remains a concern; the property sale could add to cash reserves.