TV Today Network Ltd reported a standalone net profit of Rs 8.05 crore for the quarter ended September 30, 2026, marking a significant turnaround from a net loss of Rs 2.04 crore in the same quarter last year. Revenue from operations increased to Rs 194.38 crore, up from Rs 185.68 crore year-on-year. The company is actively working to divest its radio broadcasting business, which is now classified as a disposal group held for sale.
TV Today Network Swings to Rs 8.05 Crore Profit in Q2
Standalone net profit of Rs 8.05 crore; revenue from operations at Rs 194.38 crore.
Reader Takeaway: Turnaround to profitability and growth in core operations supported by ongoing strategic radio business divestment efforts.
What just happened
TV Today Network has announced its unaudited financial results for the quarter ended September 30, 2026. The company reported a net profit of Rs 8.05 crore, a notable improvement over the Rs 2.04 crore loss reported in the corresponding quarter of the previous fiscal year. Total income for the period stood at Rs 204.88 crore, compared to Rs 195.22 crore in the same period last year. The basic earnings per share (EPS) for the quarter arrived at Rs 1.35.
Why this matters
The company’s return to profitability highlights a positive shift in its operational efficiency. Growth in revenue from operations—climbing to Rs 194.38 crore from Rs 185.68 crore—indicates better traction in its core media segments. For the half-year ended September 30, 2026, the company posted a net profit of Rs 18.54 crore on a total revenue of Rs 400.60 crore.
What changes now
Strategic focus remains on the divestment of the radio broadcasting business. Assets and liabilities associated with this division are now classified as a disposal group held for sale under Ind AS 105. Management expects this sale to conclude within the regulatory timeframe, which will allow the company to shed non-core operations and focus on its primary media business.
Risks to watch
Investors should closely track the progress of the radio business sale. Any regulatory delays or failure to finalize the disposal as expected could impact the company’s stated strategy. Furthermore, the volatility inherent in the media industry remains a constant factor for earnings stability.
What to track next
Shareholders should monitor upcoming disclosures regarding the definitive agreements for the radio business sale and any updates on the impact of this divestment on the overall balance sheet.