31-07-2025
ENIL posts Q1 revenue of ₹117 cr
Consolidated revenues rose 3% for Entertainment Network India (ENIL) to ₹117 crore for the quarter ended June 30, year-on-year.
Domestic revenues rose 3.2% to ₹113 crore, supported by growth in the events, solutions, and digital segments. Ebitda for the quarter stood at ₹6.2 crore, up 3.6% from the same period last year.
ENIL operates
Radio Mirchi
, which runs FM radio stations in 63 Indian cities, and owns the audio streaming platform Gaana.
Radio advertising remained subdued, largely due to a high base in Q1 FY25, which saw one-time political advertising during the general elections. Ebitda, excluding the digital business, came in at ₹16 crore, with a margin of 17.5%.
The digital segment reported revenues of ₹21.7 crore, accounting for 40.7% of ENIL's core radio advertising revenue, compared with 24.8% in the same quarter last year.
Investments in the segment declined to ₹9.8 crore from ₹14.2 crore in the year-ago period. The international segment also reported a positive contribution, with revenues of ₹4.1 crore and a positive Ebitda.
'In a quarter marked by industry challenges and market volatility, our strategy to evolve from a radio-only company to a multimedia business has delivered promising results. Our Events and Solutions segment grew by a strong 33% in Q1, supported by our continued focus on solution-based offerings,' said Yatish Mehrishi, CEO of ENIL.
