ENIL's Q2 Ebitda rises 9.5% on cost cuts, lower digital losses

Mumbai: Entertainment Network India Ltd (ENIL), which operates Radio Mirchi and audio streaming platform Gaana, reported a 9.5% year-on-year increase in second-quarter Ebitda to ₹11.3 crore, aided by cost reductions and lower digital losses.

The company posted consolidated revenue of ₹117 crore for the quarter, including domestic revenue of ₹114 crore. Radio contributed 53% of domestic revenue, with Events, Digital Solutions and Gaana accounting for the rest.

Digital revenue grew 4.6% YoY to ₹33 crore. Ebitda loss in the digital business narrowed to ₹7.5 crore from ₹9.8 crore a year earlier, the company said.


Read more: Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%

ENIL's international business recorded revenue of ₹3.2 crore. The company had a consolidated cash balance of ₹371.5 crore as of September 30, 2026.

Chief executive Yatish Mehrishi said subdued advertising demand and a late festive season weighed on revenue, while structural cost changes supported Ebitda growth.

Read more: Dabur India Q2 Results: Profit rises 12% YoY to Rs 506 crore, revenue up 12%; co declares interim dividend of Rs 3.50/share

"We are reshaping ENIL to strengthen core profitability and build new avenues for growth," he said, adding that Gaana and Digital Solutions would help expand consumer engagement and advertiser participation beyond traditional radio.

ENIL remains focused on growing Gaana's subscriber base through partnerships, including its collaboration with wearables and audio accessory brand Noise, which combines wider distribution with a co-branded product, he said.