Entertainment Network (India) Limited — Investor Meet, 23-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Entertainment Network (India) reported FY25 domestic revenue of Rs.526 Cr, up 9.4% YoY, with digital revenue surging 122% to Rs.61 Cr, driven by Gaana’s Rs.46.2 Cr full-year revenue. Core radio revenue rose 2.6% to Rs.465 Cr despite volume pressures. Non-FCT segment grew 20% to Rs.151 Cr with a 33% EBITDA margin. Digital now accounts for 26% of radio revenues; Gaana’s subscribers rose 28%, targeting profitability in 5–6 quarters. EBITDA ex-digital was Rs.118.8 Cr (25.5% margin); PAT Rs.48.1 Cr. Management is cautious on near-term ad sales but sees growth from events and solutions. Dividend declared at Rs.2 per share.