Approval of Investment of INR 50 Lakh in Mail Today Newspapers Private Limited, a wholly owned subsidiary of the Company, by way of subscription to its Rights issue.
TVTODAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TV Today Network reported standalone net profit of ₹13.74 crores for FY2026, down 81% from ₹74.83 crores in FY2025. Consolidated net profit was ₹14.35 crores versus ₹74.53 crores in the previous year. Revenue from operations declined to ₹808.70 crores from ₹993.02 crores year-on-year. The Board approved investing ₹50 lakh in Mail Today Newspapers Private Limited, a wholly-owned subsidiary, through subscription to its Rights Issue of 5 lakh equity shares at ₹10 each. The company also disclosed continued progress on selling its Radio broadcasting business to Abhijit Realtors for ₹10 crores, which is classified as discontinued operations.
The company showed significantly lower profitability in FY2026 due to reduced revenue and exceptional items. The ₹50 lakh subsidiary investment is minor and should not materially impact the stock. The ongoing Radio business sale, if completed, could be a positive development for shareholders.