NSEPress Release4d ago · 3 Nov 2026, 08:13 pm
Press Release
Entertainment Network (India) Limited · ENIL
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Entertainment Network (India) Limited reported 9.5% YoY EBITDA growth in Q2FY27, with consolidated revenue of ₹117 crore and domestic revenue of ₹114 crore.
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Entertainment Network (India) Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "ENIL Reports 9.5% YoY EBITDA Growth in Q2FY27".
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entertainment network (India) limited
3 November 2026
BSE Limited, National Stock Exchange of India
Rotunda Building, P. J. Towers, Limited,
Dalal Street, Fort, Mumbai- 400001 Exchange Plaza, Bandra Kurla Complex,
Bandra (East), Mumbai – 400051
BSE Scrip Code: 532700/ Symbol: ENIL
Sub: Press Release – Q2FY27
Dear Sir/ Madam,
Please find attached herewith the Press Release relating to Q2FY27 financial results.
Kindly place the same on records.
For Entertainment Network (India) Limited
Mehul Shah
EVP - Compliance & Company Secretary
(FCS no- F5839)
Encl: a/a
Registered Office: The Times Group, Sunteck Icon, CTS 6956 VLG, Kolekalyan Vimantal, CST Link Road, Kalina,
Near Mercedes Show Room, BKC Junction, Santacruz East, Mumbai - 400098, Maharashtra, India. Tel: 022 68896222.
E-mail: mehul.shah@timesgroup.com www.enil.co.in Corporate Identity Number: L92140MH1999PLC120516
Press Release
ENIL Reports 9.5% YoY EBITDA Growth in Q2FY27
Mumbai, November 3, 2026: Entertainment Network (India) Ltd, operator of India's #1 FM radio channel Radio
Mirchi and premier audio streaming platform Gaana, today announced its audited financial results for the second
quarter and half year ended September 30, 2026.
ENIL reported consolidated revenue of ₹117 crore in Q2 FY27, including domestic revenue of ₹114 crore. ENIL’s
revenue mix continues to diversify, with Radio now accounting for 53% of domestic revenue, complemented by
Events, Digital Solutions and Gaana.
EBITDA increased 9.5% year-on-year to ₹11.3 crore, supported by cost reductions and lower Digital losses.
Digital revenue increased 4.6% year-on-year to ₹33 crore, while the segment’s share of domestic revenue rose to
29.0% from 23.3% in Q2 FY26.
Digital EBITDA losses reduced 23.3% to ₹7.5 crore, compared with ₹9.8 crore a year earlier, reflecting progress
towards improving the economics of the business.
Gaana is expanding distribution through partnerships to drive subscriber growth, while strengthening music
discovery and personalisation to improve engagement and retention. Digital Solutions is broadening client
relationships, extending ENIL’s participation in advertising budgets beyond its traditional offerings.
The international business reported revenue of ₹3.2 crore during the quarter. ENIL maintained a consolidated cash
balance of ₹371.5 crore as at September 30, 2026.
Commenting on the results, Mr. Yatish Mehrishi, CEO, ENIL, said:
“We are reshaping ENIL to strengthen core profitability and build new avenues for growth. Subdued advertising
demand and a later festive season weighed on Q2 revenue, while structural cost changes supported EBITDA
growth.
Our brands, audience relationships and advertiser reach provide a strong foundation to expand beyond traditional
radio. Through Gaana and Digital Solutions, we are broadening consumer engagement and participation in client
spending. We remain committed to growing Gaana’s subscriber base through complementary partnerships, like
the one with Noise, which combines wider distribution with a co-branded product.”
About ENIL: (BSE Code: 532700) (NSE Code: ENIL)
Entertainment Network (India) Limited (ENIL) is a leading city-centric media company and is
listed on the BSE and NSE. Incorporated in June 1999, ENIL operates FM radio broadcasting
stations in 63 Indian cities and is headquartered in Mumbai.
For More Information Please Contact:
Sanjay Ballabh
sanjay.ballabh@timesgroup.com
Entertainment Network (India) Ltd.
Runjhun Jain/ Sneha Salian
Ernst & Young LLP
M: 98207 20993 / 98194 30437
E: runjhun.jain1@in.ey.com / sneha2.salian@in.ey.com
Disclaimer
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings,
our ability to manage growth, intense competition in our business segments, changes in governmental policies, political instability,
legal restrictions on raising capital, and unauthorized use of our intellectual property and general economic conditions affecting
our industry. ENIL may, from time to time, make additional written and oral forward-looking statements, including our reports to
shareholders. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on
behalf of the company.