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ENIL (Entertainment Network) reported Q2FY26 domestic revenue growth of 23.7% YoY to ₹135.42 Cr, with EBITDA up 5.4% to ₹10.28 Cr. The existing business revenue increased 7.3% to ₹103.92 Cr, though the radio advertising segment faced challenges. International business revenue grew a robust 35.7% YoY, reporting ₹59.2 Mn Cr revenue.
Growth was significantly driven by non-FCT (Free Commercial Time) revenue, which surged 42.2% YoY, particularly from IP events jumping 106.1%. Digital revenue saw a massive 149.5% YoY increase, now contributing 32.9% to existing business.
Recent developments include Gaana app enhancements like playlist import, Dolby Atmos support, and Offline MixTape for users. ENIL also successfully executed various events, from the Mirchi Rock N Dhol festival and Navratri collaborations to the "SHE-E-O" women's leadership initiative and "Mirchi Waste-Harta" cleanliness drive.
The company's cash balance stood at ₹345 Cr. ENIL is committed to improving financial performance and enhancing shareholder value through its ongoing growth plans.
All announcements from Entertainment Network (India) Limited