Music Broadcast Q4 Net Sales Fall To Rs 40.79 Crore, Losses Widen

Music Broadcast Limited reported a decline in revenue for the quarter ended March 2026, while losses widened during the period amid continued pressure on the business.

The company posted standalone net sales of Rs 40.79 crore in the March 2026 quarter, marking a 25.39% decline compared to Rs 54.67 crore recorded in the corresponding quarter last year.

Quarterly net loss stood at Rs 47.96 crore, compared to a loss of Rs 38.03 crore in March 2025, reflecting a deterioration of 26.12% year-on-year.

The company’s EBITDA also remained in the negative, coming in at Rs 42.92 crore during the quarter, compared to a negative EBITDA of Rs 38.38 crore in the year-ago period.

Shares of Music Broadcast closed at Rs 6.12 on May 20, 2026, on the National Stock Exchange of India. The stock has declined 11.05% over the last six months and fallen 35.17% over the past year, reflecting continued investor concerns around the company’s financial performance and outlook.

Music Broadcast operates radio network Radio City and has been navigating a challenging advertising environment alongside increasing competition from digital audio and streaming platforms.