Raj Television Network 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
Operating Revenue	704.52	1,258	1,065	847.88	692.6	783.13
Other Revenue	-0	-0	0	-	-	-
Revenue	704.52	1,258	1,065	847.88	692.6	783.13
Revenue Growth (YoY)	-41.43%	18.19%	25.56%	22.42%	-11.56%	32.39%
Cost of Revenue	671.23	1,331	957.81	660.71	506.31	560.86
Gross Profit	33.29	-72.93	106.78	187.17	186.29	222.28
Selling, General & Admin	117.33	117.33	58.25	126.69	65.3	93.73
Operating Expenses	47.44	132.37	73.3	143.05	134.01	162.26
Operating Income	-14.16	-205.3	33.48	44.11	52.28	60.01
Interest Expense	-31.35	-41.7	-24.09	-32.85	-42.43	-57.63
Interest & Investment Income	2.31	2.31	2.37	5.78	2.25	2.29
Currency Exchange Gain (Loss)	0.13	0.13	-	0.31	0.33	-
Other Non Operating Income (Expenses)	-4.35	-3	-1.11	-1.35	-0.18	-1.09
EBT Excluding Unusual Items	-47.43	-247.57	10.66	15.99	12.26	3.58
Gain (Loss) on Sale of Assets	-	-	1.38	0.52	0.24	-
Pretax Income	-47.43	-247.57	12.04	16.51	13.38	3.58
Income Tax Expense	-8.34	-37.44	3.98	5.26	2.52	2.26
Net Income	-39.09	-210.13	8.06	11.25	10.86	1.32
Net Income to Common	-39.09	-210.13	8.06	11.25	10.86	1.32
Net Income Growth	-	-	-28.41%	3.61%	723.82%	1008.91%
Shares Outstanding (Basic)	52	52	52	52	52	52
Shares Outstanding (Diluted)	52	52	52	52	52	52
Shares Change (YoY)	-8.57%	-	-	-	-	-
EPS (Basic)	-0.75	-4.05	0.16	0.22	0.21	0.03
EPS (Diluted)	-0.76	-4.05	0.16	0.22	0.21	0.03
EPS Growth	-	-	-28.41%	3.61%	723.84%	1009.13%
Free Cash Flow	-	-51.69	36.59	69.45	29.27	72.55
Free Cash Flow Per Share	-	-1.00	0.70	1.34	0.56	1.40
Gross Margin	4.72%	-5.80%	10.03%	22.07%	26.90%	28.38%
Operating Margin	-2.01%	-16.32%	3.15%	5.20%	7.55%	7.66%
Profit Margin	-5.55%	-16.70%	0.76%	1.33%	1.57%	0.17%
Free Cash Flow Margin	-	-4.11%	3.44%	8.19%	4.23%	9.26%
EBITDA	-1.26	-192.4	46.38	59.02	118.57	126.39
EBITDA Margin	-0.18%	-15.29%	4.36%	6.96%	17.12%	16.14%
D&A For EBITDA	12.9	12.9	12.9	14.91	66.29	66.38
EBIT	-14.16	-205.3	33.48	44.11	52.28	60.01
EBIT Margin	-2.01%	-16.32%	3.15%	5.20%	7.55%	7.66%
Effective Tax Rate	-	-	33.07%	31.85%	18.84%	63.17%
Revenue as Reported	705.6	1,261	1,068	854.49	696.36	785.49
Advertising Expenses	-	5.54	4.1	10.97	11.27	21.52

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