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T.V. Today Network: Profit swings in March 2026 quarter

May 15, 2026 4 mins read Firehose Gupta

T.V. Today Network Limited — Quarter and financial year ended March 31, 2026

Sr. No. Particulars Quarter ended March 31, 2026 (Audited) Quarter ended December 31, 2025 (Unaudited) Quarter ended March 31, 2025 (Audited) Year ended March 31, 2026 (Audited) Year ended March 31, 2025 (Audited)
1 Income
(a) Revenue from operations 213.47 212.36 249.17 808.70 993.02
(b) Other income 13.54 6.25 12.09 39.98 45.71
Total income 227.01 218.61 261.26 848.68 1,038.73
2 Expenses
(a) Production cost 34.41 29.80 63.99 105.66 153.40
(b) Employee benefits expense 87.45 86.29 86.57 347.87 352.14
(c) Finance costs 0.64 0.43 0.59 2.00 2.42
(d) Depreciation and amortisation expenses 7.83 7.36 7.84 30.45 32.24
(e) Other expenses 87.03 83.42 94.29 323.85 387.41
Total expenses 217.36 207.30 253.28 809.83 927.61
3 Profit before exceptional items and tax (1-2) 9.65 11.31 7.98 38.85 111.12
4 Exceptional items (refer note 5) (2.72) 12.18 9.46
5 Profit before tax from continuing operations (3-4) 12.37 (0.87) 7.98 29.39 111.12
6 Tax expense
– Current tax (1.68) 6.04 (0.59) 11.77 26.40
– Deferred tax 4.81 (4.64) 2.32 (2.35) 2.00
7 Profit from continuing operations (5-6) 9.24 (2.27) 6.25 19.97 82.72
8 Profit/(loss) from discontinued operations before tax (refer note 4) (0.02) 2.01 (0.03) (8.32) (10.54)
9 Tax expense of/(credit from) discontinued operations 0.50 (0.01) (2.09) (2.65)
10 Profit/(loss) from discontinued operations (8-9) (0.02) 1.51 (0.02) (6.23) (7.89)
11 Net Profit (7+10) 9.22 (0.76) 6.23 13.74 74.83
12 Other comprehensive income
(i) Items that will not be reclassified to profit or loss 2.19 0.23 1.01 2.45 0.02
(ii) Income tax relating to items that will not be reclassified to profit or loss (0.55) (0.06) (0.26) (0.62) (0.01)
Total other comprehensive income 1.64 0.17 0.75 1.83 0.01
13 Total comprehensive income (11+12) 10.86 (0.59) 6.98 15.57 74.84
14 Paid-up equity share capital (face value of Rs. 5/- per share) 29.83 29.83 29.83 29.83 29.83
15 Reserves (excluding revaluation reserve) as shown in the audited balance sheet 859.38 861.71
March 31, 2026 December 31, 2025 March 31, 2025 March 31, 2026 March 31, 2025
(a) Basic (in Rs.) 1.55 (0.37) 1.04 3.35 13.86
(b) Diluted (in Rs.) 1.55 (0.37) 1.04 3.35 13.86
March 31, 2026 December 31, 2025 March 31, 2025 March 31, 2026 March 31, 2025
(a) Basic (in Rs.) (0.00) 0.25 (0.00) (1.04) (1.32)
(b) Diluted (in Rs.) (0.00) 0.25 (0.00) (1.04) (1.32)
March 31, 2026 December 31, 2025 March 31, 2025 March 31, 2026 March 31, 2025
(a) Basic (in Rs.) 1.55 (0.12) 1.04 2.31 12.54
(b) Diluted (in Rs.) 1.55 (0.12) 1.04 2.31 12.54
Sr. No. Particulars Quarter ended March 31, 2026 (Audited) (Refer note 3) Quarter ended December 31, 2025 (Unaudited) Quarter ended March 31, 2025 (Audited) (Refer note 3) Year ended March 31, 2026 (Audited) Year ended March 31, 2025 (Audited)
1 Segment revenue
Television and other media operations 213.47 212.36 249.17 808.70 993.02
Net segment revenue of continuing operations 213.47 212.36 249.17 808.70 993.02
Discontinued operations: Radio broadcasting 2.78 2.55 2.69 8.45 14.16
Total Revenue 216.25 214.91 251.86 817.15 1,007.18
2 Segment results
Television and other media operations 5.36 8.10 0.98 18.41 82.44
Less: Finance costs (0.64) (0.43) (0.59) (2.00) (2.42)
Less: Un-allocable expenses (refer note 5) 1.79 (14.01) (2.88) (17.02) (10.91)
Add: Un-allocable income 5.86 5.47 10.47 30.00 42.01
Profit before tax of continuing operations 12.37 (0.87) 7.98 29.39 111.12
Discontinued operations: Radio broadcasting (0.02) 2.01 (0.03) (8.32) (10.54)
Profit before tax 12.35 1.14 7.95 21.07 100.58
3 Segment assets
Television and other media operations 696.32 711.63 523.00 696.32 523.00
Add: Un-allocated corporate assets 391.07 390.80 611.80 391.07 611.80
Total assets of continuing operations 1,087.39 1,102.43 1,134.80 1,087.39 1,134.80
Discontinued operations: Radio broadcasting 40.94 39.87 33.39 40.94 33.39
Total assets 1,128.33 1,142.30 1,168.19 1,128.33 1,168.19
4 Segment liabilities
Television and other media operations 196.07 219.67 248.30 196.07 248.30
Add: Un-allocated corporate liabilities 26.05 30.17 17.68 26.05 17.68
Total liabilities of continuing operations 222.12 249.84 265.98 222.12 265.98
Discontinued operations: Radio broadcasting 17.00 14.11 10.67 17.00 10.67
Total liabilities 239.12 263.95 276.65 239.12 276.65
Particualrs As at March 31, 2026 (Rs. in crores) (Audited) As at March 31, 2025 (Rs. in crores) (Audited)
ASSETS
Non-current assets
Property, plant and equipment 121.19 128.47
Capital work-in-progress 2.61 0.46
Investment property 2.21 2.26
Intangible assets 2.99 4.87
Intangible assets under development 0.01
Right-of-use assets 11.44 16.18
Financial assets (i) Investments 207.30 10.14
Financial assets (ii) Loans 0.02
Financial assets (iii) Other financial assets 122.91 143.75
Deferred tax assets (net) 24.40 20.58
Other non-current assets 3.68 3.96
Total non-current assets 498.73 330.70
Current assets
Financial assets (i) Trade receivables 262.98 251.42
Financial assets (ii) Cash and cash equivalents 23.33 21.29
Financial assets (iii) Bank balances other than (ii) above 11.36 251.84
Financial assets (iv) Loans 0.05 0.04
Financial assets (v) Other financial assets 185.43 136.25
Current tax assets (net) 31.72 48.39
Other current assets 95.39 108.64
Total current assets 610.26 817.87
Assets-held-for sale (refer note 4) 19.34 19.62
Total assets 1,128.33 1,168.19
EQUITY AND LIABILITIES
Equity
Equity share capital 29.83 29.83
Other equity 859.38 861.71
Total equity 889.21 891.54
LIABILITIES
Non-current liabilities
Financial liabilities (i) Lease liabilities 8.67 12.79
Provisions 11.10 2.97
Other non-current liabilities 0.19 0.23
Total non-current liabilities 19.96 15.99
Current liabilities
Financial liabilities (i) Lease liabilities 6.00 7.86
Financial liabilities (ii) Trade payables – Total outstanding dues of micro enterprises and small enterprises 2.57 1.45
Financial liabilities (ii) Trade payables – Total outstanding dues of creditors other than micro enterprises and small enterprises 89.01 133.56
Financial liabilities (iii) Other financial liabilities 23.13 40.17
Other current liabilities 84.01 63.44
Provisions 14.44 14.18
Total current liabilities 219.16 260.66
Total liabilities 239.12 276.65
Total equity and liabilities 1,128.33 1,168.19
Description Year ended March 31, 2026 (Rs. in crores) (Audited) Year ended March 31, 2025 (Rs. in crores) (Audited)
Cash flow from operating activities
Profit before tax from continuing operations 29.39 111.12
Profit/(loss) from discontinued operations before tax (8.32) (10.54)
Profit before tax for the year 21.07 100.58
Adjustments to reconcile profit before tax for the year to net cash flows:
Depreciation and amortisation expenses 30.45 32.24
Depreciation and amortisation expenses related to discontinued operations 4.45
Property, plant and equipment written off 0.56 0.01
Allowance for bad and doubtful debts and advances 6.04 14.46
Allowance for bad and doubtful debts and advances related to discontinued operations 4.69 0.11
Bad debts 0.61
Bad debts related to discontinued operations 0.35
Income from government grant (0.06) (0.07)
Income from government grant related to discontinued operations (0.11)
Net gains on disposal of property, plant and equipment (0.61) (0.40)
Net loss on disposal of assets-held-for sale 0.05
Profit on termination of leases (0.04) (0