Raj Television Network Reappoints Key Directors, Reports Q1 FY26 Profit, and Proposes Property Sale
The re-appointment of key directors ensures leadership continuity. The return to profitability for the quarter is a positive financial development, and the proposed property sale could provide additional capital, collectively having a medium impact on the company's outlook.
The company reported a net profit for the quarter, a significant turnaround from losses in previous periods, indicating improved financial performance. The re-appointment of key management also provides stability.
* The Board of Directors of Raj Television Network Limited met on August 13, 2025, and approved several key decisions. * Mr. M. Raajhendhran was re-appointed as Chairman and Managing Director for a further period of five years, effective from April 1, 2026, subject to shareholder approval. * Mr. M. Rajarathnam, Mr. M. Ravindran, and Mr. Kannappa Pillai Mani Ragunathan were also re-appointed as Whole Time Directors for five years each, effective from April 1, 2026, subject to shareholder approval. * All re-appointed directors have confirmed they are not debarred from holding office by SEBI or any other authority. * The Board approved the Unaudited Financial Results for the quarter ended June 30, 2025. * For the quarter ended June 30, 2025, the company reported a Revenue from Operations of ₹16,56.82 lakh (₹165.68 million) and a Net Profit of ₹35.02 lakh (₹3.50 million). * This is an improvement compared to the previous quarter (March 31, 2025) which saw a net loss of ₹44.79 lakh (₹4.48 million) and the corresponding quarter last year (June 30, 2024) which had a net loss of ₹168.75 lakh (₹16.88 million). * Basic and Diluted Earnings Per Share (EPS) for the quarter ended June 30, 2025, stood at ₹0.07. * The Board also approved a proposal to sell a property located at Plot No. 656/1, Road No.34, Jubilee Hills, Hyderabad, admeasuring 683 square yards. * No dividend was recommended for the quarter ended June 30, 2025.
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Raj Television Network Limited filed this with the NSE as a statutory disclosure, categorised under corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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