1. Approved the Standalone & Consolidated Audited Financial Results for the Quarter and Financial Year Ended March 31, 2026. 2 .Approved the Investment of INR 50 Lakh in Mail Today Newspapers ....
TVTODAY · price
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On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.8 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TV Today Network Ltd reported a significant decline in FY26 performance with standalone revenue falling to ₹808.70 crore from ₹993.02 crore in FY25, a drop of about 18.5%. Net profit declined sharply to ₹13.74 crore from ₹74.83 crore, down over 81% YoY. The company recognized exceptional items including a ₹9.63 crore impairment loss on radio business assets and a ₹2.72 crore reversal of labour code provision. The board also approved a ₹50 lakh investment in Mail Today Newspapers Private Limited via a rights issue subscription. Auditors issued an unmodified opinion on both standalone and consolidated results.
The sharp decline in revenue and profit is concerning for shareholders, reflecting challenging conditions in the TV broadcasting sector. The company continues to restructure its radio business, which is classified as discontinued operations. The small ₹50 lakh investment in the subsidiary has negligible impact.