Ent.Network Q1 FY27 Results (NSE: ENIL)
Signal: Loss widened
The read
The trajectory remains weak: consolidated revenue fell 2.8% YoY to ₹11,368.50 lakh and the loss widened 14.2% to ₹600.98 lakh, while the ₹147.04 lakh tax benefit and ₹843.27 lakh other income softened the reported deterioration; subsidiaries added ₹150.71 lakh of loss versus standalone.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹113.69 Cr | -2.8% | -20.0% |
| Net profit | ₹-6.01 Cr | -14.2% | |
| EPS | ₹-1.26 | -14.5% |
P&L walk
Revenue from operations declined to ₹11,368.50 lakh, down 2.8% YoY and 20.0% QoQ; total expenses fell 2.7% YoY but the group still reported a ₹748.02 lakh loss before exceptional items and tax, while a ₹147.04 lakh tax benefit limited the net loss to ₹600.98 lakh.
Segments
The group loss was ₹600.98 lakh versus a standalone loss of ₹450.27 lakh, implying ₹150.71 lakh of additional subsidiary drag; the filing provides no reportable business-segment results.
Key positives
- Total expenses declined 2.7% YoY to ₹12,959.79 lakh, including a 10.6% YoY reduction in employee benefit expense to ₹3,356.19 lakh.
- Finance cost was broadly stable at ₹334.05 lakh, up only 0.2% YoY and down 9.1% QoQ.
- MIB approved the transfer of four FM station assets to wholly owned subsidiary ABSL on 17 July 2026, with a proposed consideration of ₹1,960.00 lakh plus applicable taxes, subject to remaining conditions.
Key concerns
- Revenue from operations fell 2.8% YoY to ₹11,368.50 lakh and 20.0% QoQ, with outside-India revenue down 22.4% YoY to ₹496.83 lakh.
- Consolidated net loss widened to ₹600.98 lakh from ₹526.24 lakh YoY despite other income of ₹843.27 lakh and a ₹147.04 lakh tax benefit.
- Standalone loss of ₹450.27 lakh was ₹150.71 lakh lower than the consolidated loss, showing material subsidiary drag.
- Employee benefit expense rose 53.1% QoQ to ₹3,356.19 lakh after declining YoY, creating quarterly cost volatility.
Research and educational content only. Not investment advice.