Radio City operator Music Broadcast reports Rs 2 cr loss in Q1 FY26

Music Broadcast Ltd, the operator of Radio City, has posted a net loss of Rs 2.17 crore for the quarter ended June 30, 2025. This marks a decline of 184.11 percent from a net profit of Rs 2.58 crore in the March 2025 quarter and a reduction of 94.30 percent from a loss of Rs 38.03 crore in the same period last year.

Revenue from operations stood at Rs 49.32 crore, down 17.25 percent from Rs 59.60 crore in the previous quarter and 9.78 percent lower than Rs 54.67 crore in the year-ago quarter.

Other income was Rs 7.02 crore, rising 6.04 percent from Rs 6.62 crore in the March 2025 quarter and increasing 0.14 percent from Rs 7.01 crore in the June 2024 quarter.

Total income for the quarter was Rs 56.34 crore, a decrease of 14.94 percent from Rs 66.22 crore in the previous quarter and 8.66 percent lower than Rs 61.68 crore in the corresponding quarter last year.

Total expenses came in at Rs 58.52 crore, down 5.18 percent from Rs 61.72 crore in the March 2025 quarter and 47.67 percent below Rs 111.79 crore recorded in the June 2024 quarter.

License fees were Rs 4.91 crore, declining 2.00 percent from Rs 5.01 crore in the previous quarter and 0.41 percent from Rs 4.93 crore in the same quarter last year.

Other expenses remained stable at Rs 25.10 crore, up 0.04 percent from Rs 25.09 crore in Q4 and down 28.13 percent from Rs 34.93 crore in Q1 FY25.

Finance costs were Rs 3.06 crore, rising 8.13 percent from Rs 2.83 crore in the previous quarter and 0.99 percent higher than Rs 3.03 crore in the year-ago quarter.

Loss before tax stood at Rs 2.18 crore, compared to a profit before tax of Rs 4.50 crore in Q4 FY25, marking a sequential decline of 148.44 percent.

Radio City reported a Q1 FY26 market share of 18 percent, with 41 percent of total clients on the radio platform advertising on Radio City. Of all new clients on the platform, 34 percent chose Radio City.

Digital revenue contributed 10 percent of total ad sales, with 35 percent of overall revenue in the quarter coming from created businesses including properties, sponsorships, digital, and special day activations.

The company also saw brand activity through sports and influencer partnerships. Its campaign with Ultimate Table Tennis generated Rs 0.28 crore in revenue, while brand presence extended through TNPL, featuring partnerships with Lyca Kovai Kings. Influencer collaborations during the quarter included digital tie-ups with actor Aadhya Anand and content creators such as Zoe, amplifying reach across social platforms including Instagram.

Programming and marketing-led regional events were also featured across markets, including the Gujarat Radiance Awards, Vidarbha Icon Award, City Secret Sound in Gorakhpur, and City ka Hangout in Udaipur, reflecting continued efforts in community-focused engagement.

Overall, radio industry’s volume for Q1 FY26 stood at 1,032 seconds (in lakh seconds), marginally lower than 1,053 seconds in Q1 FY25, indicating a 2 percent year-on-year decline in ad volume, as per industry data cited by the company.