Radio City's Q2 FY26 saw revenue drop 31% YoY to Rs. 37.8 Cr.

Half-year revenue also declined 24% YoY to Rs. 87.2 Cr.

Operating EBITDA for Q2 fell 86% YoY to Rs. 1.4 Cr, leading to an adjusted PAT loss of Rs. 4.6 Cr (compared to a small profit last year). While the broader radio industry volumes grew 3% YoY, Radio City maintained an 18% market share and attracted 42% of total radio clients.

The company is strategically diversifying revenue, with 'Created Businesses' (properties, digital, sponsorships) now contributing 29% of revenue.

Digital ad sales revenue reached 7% of the total, backed by a strong 156M+ social media reach.

Recent highlights include successful B2B engagement via RCBT Season 4 and popular consumer campaigns like 'City Cha Bappa' and 'Garba Premier League', showcasing robust on-ground presence.

Management appears focused on client engagement and digital growth to navigate the challenging revenue landscape.