ENIL's Q1 FY27 saw mixed financial results.
Overall standalone revenue dipped slightly to ₹110.76 Cr (-1.9% YoY). However, the digital platform emerged as a key growth driver, surging 43.3% to ₹31.06 Cr and now contributing over 30% to standalone revenue.
This digital strength helped standalone EBITDA jump 42% YoY to ₹8.79 Cr, despite a 12.7% decline in existing business revenue.
Consolidated PAT remained a loss of ₹6.01 Cr.
The company is actively pursuing digital transformation with major Gaana app enhancements like AI-powered personalization, audio normalization, and a new referral program to boost engagement and user acquisition.
Simultaneously, Mirchi leverages its strong network for impactful on-ground brand activations and events, both domestically and internationally.
ENIL maintains a strong consolidated cash position of ₹409 Cr.
Management remains committed to enhancing shareholder value by successfully executing these growth strategies, focusing on its multi-platform reach and digital acceleration.
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