Entertainment Network (India) Limited reported Q1 FY26 domestic revenue of Rs. 113 Cr (3.2% YoY growth) and EBITDA of Rs. 6.2 Cr. Non-FCT and Digital segments were key drivers, growing 33% and 41.2% YoY respectively. Radio FCT revenue declined 12.1% due to a high base.
Gaana revenues reached Rs. 18 Cr, up 87.6% YoY, with digital investments decreasing to Rs. 9.8 Cr. Management expects Gaana to break even by early next year. The events business surged 58% this quarter, with significant future growth anticipated due to increasing experiential spending. The company aims to transition into a multimedia entity, with Gaana and events nearing 50% of total revenue by year-end. Management expressed confidence in driving profitable growth across new segments.
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