TV Today Network reported a strong first quarter for FY25 with standalone net profit jumping to ₹10.49 crore from ₹7.32 crore year-on-year. The company is also progressing with the sale of its radio business.
TV Today Network Reports Strong Q1 FY25 Results, Radio Business Sale Progresses
Standalone Net Profit: ₹10.49 crore
Consolidated Net Profit: ₹10.26 crore
Reader Takeaway: Profit growth in core media business; Radio divestment nearing completion.
What just happened
TV Today Network announced its financial results for the quarter ended June 30, 2026 (Q1 FY25). The company reported a standalone revenue of ₹206.22 crore, an increase from ₹197.19 crore in the same period last year. Standalone net profit saw a significant rise to ₹10.49 crore from ₹7.32 crore year-on-year. Consolidated net profit also improved to ₹10.26 crore from ₹7.35 crore.
Why this matters
The improved profitability in the core television and media segments is a positive sign for the company. Additionally, the ongoing divestment of the radio business, classified as a discontinued operation, indicates a strategic focus on its more profitable ventures.
The backstory
TV Today Network is a prominent media company in India, operating television channels and radio stations. The decision to sell its radio business is part of a strategic move to streamline operations and concentrate on its television news and digital platforms.
What changes now
The company has entered into a binding Memorandum of Understanding (MoU) with M/s Abhijit Realtors and Infraventures Private Limited to sell its radio business for ₹10 crore. This involves transferring the radio operations to a wholly-owned subsidiary, Vibgyor Broadcasting Private Limited, and then selling its shares to the buyer. Necessary approvals from the Ministry of Information and Broadcasting (MIB) and the Wireless Planning and Coordination (WPC) Wing have been secured.
Risks to watch
The primary watch point for investors is the successful completion of the radio business divestment. While approvals are in place, any delays or changes in the transaction could impact the company's financial outlook and strategic direction.
Peer comparison
(No peer comparison data available in the filing.)
Context metrics (time-bound)
- Standalone Revenue Growth (YoY): Increased from ₹197.19 crore to ₹206.22 crore.
- Standalone Net Profit Growth (YoY): Increased from ₹7.32 crore to ₹10.49 crore.
- Consolidated Net Profit Growth (YoY): Increased from ₹7.35 crore to ₹10.26 crore.
- Radio Business Sale Consideration: ₹10 crore.
What to track next
Investors should closely monitor the finalization of the radio business sale and the company's performance in its core television and digital media segments in the upcoming quarters.
