Entertainment Network (India) Limited — Updates, 07-02-2025: Press Release

Consolidated revenues for Q3FY25 at Entertainment Network (India) Limited (ENIL) reached ₹159 Crore, marking a 9% year-over-year growth, primarily driven by digital expansion and experiential business which grew by 21%. Domestic revenues accounted for ₹154 Crore, a 9.7% increase compared to the same quarter last year. The digital segment, including Gaana, is showing strong performance, contributing ₹15.4 Crore and accounting for 26% of radio revenues, up from 13.4% a year ago.

However, the radio ad revenue sector faced challenges, impacting overall performance. The company's EBITDA, excluding digital, was ₹38.8 Crore with a margin of 28%, while PBT and PAT were ₹22 Crore and ₹16 Crore respectively. ENIL maintains a solid balance sheet with a cash reserve of ₹344 Crore. The reaffirmation of CRISIL ratings highlights its financial stability. With continued digital innovation and strategic pricing, ENIL is well positioned for future growth, navigating changes in the competitive landscape. Watch closely for further developments.