TV Today Network Approves Q3 FY26 Results and Recommends New Independent Director
T.V. Today Network Limited announced its Q3 FY26 results, reporting a net loss of ₹0.76 crore standalone and ₹0.14 crore consolidated for the quarter ended December 31, 2025. The Board approved the appointment of Mr. Abhishek Malhotra as an Independent Director, pending shareholder and MIB approval. The company is also proceeding with the sale of its radio business for ₹10 crore.
The appointment of a new independent director can have a medium-term impact on corporate governance and strategic direction. The financial results, while showing a loss for the quarter, are a routine disclosure. The sale of the radio business is a significant strategic move that could impact future revenue streams.
The company reported a net loss for the quarter, which is a negative indicator. However, the approval of financial results and the appointment of a new director are neutral to positive developments. The overall sentiment is neutral due to the mixed financial performance and the forward-looking appointment.
T.V. Today Network Limited's Board of Directors convened on February 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.
The Board also approved and recommended the appointment of Mr. Abhishek Malhotra as an Independent Director. This appointment is subject to the approval of the company's shareholders and the Ministry of Information & Broadcasting (MIB). Mr. Malhotra's term will be for five consecutive years, commencing from the later of the MIB or shareholder approval dates. He brings 25 years of experience as an Advocate, with expertise in intellectual property, commercial dispute resolution, technology, media, and telecommunications.
The financial results indicate a mixed performance for the quarter ended December 31, 2025. For standalone operations, the company reported a net loss of ₹0.76 crore against a profit of ₹8.82 crore in the same quarter last year. However, for the nine-month period, the net profit stood at ₹4.52 crore, a decrease from ₹68.60 crore in the corresponding period of the previous year. Consolidated results show a net loss of ₹0.14 crore for the quarter, compared to a profit of ₹8.73 crore a year ago. For the nine-month period, consolidated net profit was ₹5.33 crore, down from ₹68.38 crore in the prior year.
Note 3 in the financial results details the ongoing sale of the company's FM Radio Broadcasting operations. A binding MoU was entered into on November 25, 2025, with M/s Abhijit Realtors for a total consideration of ₹10 crore. The transaction involves transferring the radio business to its wholly-owned subsidiary, Vibgyor Broadcasting Private Limited, followed by the transfer of Vibgyor's shareholding to Abhijit Realtors. The company has received in-principal approval from MIB for this transfer.
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TV Today Network Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. 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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