TV Today Network (TVTODAY) — Board Meeting

📢 Key Event
Board approved unaudited Q1 FY27 financial results and disclosed radio business sale progress.

🔄 What Changed
Net profit from continuing operations rose to ₹10.42 crores from ₹9.24 crores in the previous quarter; expense reversal of ₹2.72 crores recorded due to labour code adjustments.

🔮 What's Next
The company expects to complete the sale of its radio business within the period prescribed under Ind AS 105, with finalization anticipated before the next fiscal year-end.

💡 Investor Takeaway
The company is actively divesting its non-core radio segment while maintaining profitability in its core media operations, which may improve focus and valuation on the core business.

The Board of Directors of TV Today Network Limited approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026 during a meeting held on August 5, 2026. The financial statement includes revenue of ₹212.64 crores, total expenses of ₹198.59 crores, and net profit from continuing operations of ₹10.42 crores. The company also disclosed a disposal group for its radio business held for sale and an expense reversal of ₹2.72 crores related to new labour code compliance. The independent auditor's limited review confirmed no material misstatements in the reported figures.

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About TV Today Network Limited (TVTODAY)

Media Entertainment & Publication · Media - Print/Television/Radio · Listed on NSE

Market Cap: ₹662.62 Cr P/E: 38.4 ROE: 1.9% ROCE: 4.0%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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