TV Today Network Reports Q2 Loss Amid Radio Business Termination & Acquisition of Romesh Films
* The Board of Directors of T.V. Today Network Limited approved the Standalone and Consolidated Un-audited Financial Results for the quarter and half year ended September 30, 2025, in a meeting held o...
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Why is TV Today Network Limited in the news today?
TV Today Network Limited (TVTODAY) is in the news due to the company reported a net loss for the quarter and a significant decline in revenue and profit for both the quarter and half-year periods. this was heavily influenced by an exceptional item of ₹7.61 crore, which included the forfeiture of a ₹10 crore advance from a terminated radio business sale, but was largely offset by a ₹17.61 crore impairment loss on radio assets. while the acquisition of romesh films is a strategic positive, it does not immediately outweigh the reported financial downturn.
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TV Today Network Reports Q2 Loss Amid Radio Business Termination & Acquisition of Romesh Films
November 11, 2025, 11:59 AM
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The Board of Directors of T.V. Today Network Limited approved the Standalone and Consolidated Un-audited Financial Results for the quarter and half year ended September 30, 2025, in a meeting held on November 11, 2025.
Standalone Financial Highlights (Q2 FY26 vs. Q2 FY25): * Revenue from operations: ₹187.55 crore (down from ₹206.77 crore) * Net profit: (₹2.04) crore (down from ₹8.35 crore) * Basic EPS: (₹0.34) (down from ₹1.40) * Excluding an impairment loss, basic EPS for the quarter would have been ₹2.61.
Consolidated Financial Highlights (Q2 FY26 vs. Q2 FY25): * Revenue from operations: ₹187.55 crore (down from ₹206.77 crore) * Net profit: (₹1.98) crore (down from ₹8.27 crore) * Basic EPS: (₹0.33) (down from ₹1.39) * Excluding an impairment loss, basic EPS for the quarter would have been ₹2.62.
Radio Business Update: The Memorandum of Understanding (MoU) for the proposed sale of FM Radio Broadcasting operations to Creative Channel Advertising and Marketing Private Limited for ₹20 crore was terminated. The Company forfeited the ₹10 crore advance received and recorded an impairment loss of ₹17.61 crore on related assets, treated as an exceptional item. The Radio Business results have been reclassified as continuing operations.
Acquisition: On July 25, 2025, the Company acquired 100% of Romesh Films Private Limited (RFPL) for ₹203.06 crore. RFPL became a wholly-owned subsidiary on September 25, 2025.
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