Music Broadcast Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Music Broadcast reported sequential revenue growth of 9-11% quarter-on-quarter to Rs 44.5 crore in Q1 FY27, though revenue declined 10% year-on-year from Rs 49.3 crore in Q1 FY26. Operating EBITDA improved to Rs 8.9 crore from Rs 0.9 crore a year earlier, with EBITDA margin expanding to 20% from 1.9%, which management attributed to structural cost optimization including a shift to a hub-and-spoke studio model. Management described Q2 as having begun on a softer note, consistent with the historical seasonal pattern of a weaker second quarter.
Music Broadcast Limited reported Q4 FY26 revenue of INR40.8 crores, down from INR54 crores in Q4 FY25, with operating EBITDA improving to INR6.1 crores from a negative INR3.5 crores a year earlier. For the full year FY26, revenue stood at INR174 crores compared to INR234 crores in FY25, while EBITDA margins improved to 18% from 17%. Management attributed the margin improvement to cost optimization initiatives including organizational restructuring and a shift to a hybrid hub-station operating model.