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Music Broadcast Q3 FY26 results (Oct–Dec 2025) and concall

Media, Entertainment & Publication · Concall AI · Call held 4 Feb 2026

Music Broadcast Limited delivered a strong sequential performance in Q3 FY26, with revenue growing 23% QoQ to INR46.4 crores and Operating EBITDA soaring to INR15.9 crores, leading to a 34% EBITDA margin. This turnaround was driven by strategic cost rationalization, which is expected to yield INR30 crores in annual savings. While the advertising market remains subdued year-on-year, the company is focused on digital solutions and leveraging its network in Tier 2/3 markets, maintaining a robust net cash position of INR261 crores post NCRPS redemption.

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What they filed

Q3 FY26: revenue down 28.9%, net profit up 2.2% against the same quarter last year.

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue65 55 49 38 46 −29%
EBITDA11 -45 1 -5 8 −30%
Net profit4 -38 -2 -7 4 +2%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.