TV Today Network Limited has informed the Exchange regarding Appointment of M/s. DMK Associates, Practicing Company Secretaries, as Secretarial Auditors of the Company.
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TV Today Network's board, at its May 22, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified audit opinion from S.R. Batliboi & Associates LLP. FY25 standalone revenue from operations grew to Rs. 993.02 crore (vs Rs. 935.91 crore last year) and net profit rose to Rs. 74.83 crore (vs Rs. 56.39 crore). The board recommended a final dividend of Rs. 3 per share (60% on Rs. 5 face value) for FY25, subject to shareholder approval at the upcoming AGM. It also appointed M/s. DMK Associates as Secretarial Auditor for five years (FY26–FY30), pending AGM approval. Separately, the company is winding down its FM radio business (reported as discontinued operations with a Rs. 10.54 crore pre-tax loss in FY25), having signed an MoU to sell its three FM stations for Rs. 20 crore.
Shareholders benefit from a ~33% jump in annual net profit and a Rs. 3 per share final dividend, though Q4 standalone net profit declined sharply to Rs. 6.23 crore from Rs. 11.20 crore a year ago. The radio divestiture, once completed, should clean up the loss-making segment and sharpen focus on the core TV business, which is the key driver of future earnings.