Music Broadcast Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	1,883	2,345	2,285	1,989	1,684	1,276
Revenue Growth (YoY)	-22.33%	2.60%	14.92%	18.07%	32.00%	-48.51%
Cost of Revenue	1,221	1,338	1,249	825.87	744.21	680.95
Gross Profit	662.47	1,006	1,037	1,163	940.09	595
Selling, General & Admin	-	-	-	275.85	179.64	154.52
Other Operating Expenses	607.16	750.68	672.47	624.5	624.71	552.77
Operating Expenses	994.71	1,188	1,039	1,260	1,157	1,040
Operating Income	-332.24	-181.81	-2.79	-97.28	-217.22	-444.59
Interest Expense	-117.42	-111.27	-94.02	-34.18	-19.45	-25.02
Interest & Investment Income	230.57	230.57	199.64	167.99	123.05	68.99
Other Non Operating Income (Expenses)	31.75	8.37	4.08	2.04	-1.21	-2.22
EBT Excluding Unusual Items	-187.34	-54.15	106.9	38.57	-114.82	-402.84
Gain (Loss) on Sale of Investments	-17.19	-17.19	17.38	18.51	38.49	75.11
Gain (Loss) on Sale of Assets	1.34	1.34	2.78	2.04	0.72	0.15
Asset Writedown	-349.3	-349.3	-	-	-	-
Other Unusual Items	2.93	2.93	1.94	1.51	-	-
Pretax Income	-549.56	-416.37	129.01	60.63	-75.62	-327.57
Income Tax Expense	-115.63	-78	60.56	26.23	-18.61	-85.68
Net Income	-433.94	-338.37	68.44	34.4	-57.01	-241.89
Net Income to Common	-433.94	-338.37	68.44	34.4	-57.01	-241.89
Net Income Growth	-	-	98.97%	-	-	-
Shares Outstanding (Basic)	336	346	346	346	346	346
Shares Outstanding (Diluted)	336	346	346	346	346	346
Shares Change (YoY)	-2.31%	-	-	-	-	-
EPS (Basic)	-1.29	-0.98	0.20	0.10	-0.16	-0.70
EPS (Diluted)	-1.29	-0.98	0.20	0.10	-0.16	-0.70
EPS Growth	-	-	98.97%	-	-	-
Free Cash Flow	-	44.34	182.33	211.71	195.27	52.28
Free Cash Flow Per Share	-	0.13	0.53	0.61	0.56	0.15
Gross Margin	35.18%	42.92%	45.35%	58.47%	55.82%	46.63%
Operating Margin	-17.64%	-7.75%	-0.12%	-4.89%	-12.90%	-34.84%
Profit Margin	-23.04%	-14.43%	3.00%	1.73%	-3.38%	-18.96%
Free Cash Flow Margin	-	1.89%	7.98%	10.65%	11.59%	4.10%
EBITDA	-242.12	-100.95	65.73	-33.84	-155.54	-380.64
EBITDA Margin	-12.86%	-4.30%	2.88%	-1.70%	-9.23%	-29.83%
D&A For EBITDA	90.12	80.86	68.52	63.44	61.68	63.96
EBIT	-332.24	-181.81	-2.79	-97.28	-217.22	-444.59
EBIT Margin	-17.64%	-7.75%	-0.12%	-4.89%	-12.90%	-34.84%
Effective Tax Rate	-	-	46.95%	43.26%	-	-
Revenue as Reported	2,175	2,613	2,516	2,186	1,852	1,425

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.