Raj Television Network Limited has informed the Exchange regarding Change in Director(s) of the company.
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 unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at ₹16.57 crore, down from ₹25.43 crore in Q1 FY25, but the company returned to profitability with a net profit of ₹35 lakh (EPS ₹0.07) compared to a loss of ₹16.88 crore in the same quarter last year. Total expenses fell sharply to ₹16.16 crore from ₹45.09 crore, helping the turnaround. The board also approved the re-appointment of Chairman & Managing Director M. Raajhendhran and three Whole Time Directors (M. Rajarathnam, M. Ravindran, and K.P.M. Raghunathan) — all brothers and part of the promoter family — for a fresh five-year term from April 1, 2026, subject to shareholder approval. Additionally, the board cleared the sale of a 683 sq yard property in Jubilee Hills, Hyderabad. No dividend was recommended for the quarter.
The Q1 return to profit is a positive signal after a year of large losses, but revenue continues to shrink, so investors should watch whether the cost cuts translate into sustained earnings recovery. Re-appointment of all four promoter-family directors ensures management continuity, while the Hyderabad property sale could bring in extra cash but may also indicate asset monetisation to support operations.