Integrated Filing — IndAS



General information about company

Scrip Code 540366
NSE Symbol RADIOCITY
MSEI Symbol NOTLISTED
ISIN INE919I01024
Name of company MUSIC BROADCAST LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 22-07-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Radio and Broadcasting
Start date and time of board meeting 22-07-2026   14:30:00
End date and time of board meeting 22-07-2026   16:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 4,454.32 4,454.32
Other income 820.09 820.09
Total income 5,274.41 5,274.41
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 1,224.92 1,224.92
(e) Finance costs 72.19 72.19
(f) Depreciation, depletion and amortisation expense 407.69 407.69
(f) Other Expenses
1 License Fees 487.61 487.61
2 Net impairment losses on financial assets 25.00 25.00
3 Other expenses 1,824.65 1,824.65
Total other expenses 2,337.26 2,337.26
Total expenses 4,042.06 4,042.06
3 Total profit before exceptional items and tax 1,232.35 1,232.35
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,232.35 1,232.35
6 Tax expense
7 Current tax 173.07 173.07
8 Deferred tax 137.03 137.03
9 Total tax expenses 310.10 310.10
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 922.25 922.25
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 922.25 922.25
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 922.25 922.25
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 6,913.71 6,913.71
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.27 0.27
Diluted earnings (loss) per share from continuing operations 0.27 0.27
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.27 0.27
Diluted earnings (loss) per share from continuing and discontinued operations 0.27 0.27
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Co Act 2013 with Rule 3 of the Companies (Ind AS) Rules 2015 and relevant amendments issued thereafter.Above financial results for the quarter ended June 30, 2026, have been reviewed by the AC & approved by the Board at meeting held on July 22, 2026.Company is primarily engaged in the business of operating private FM radio stations, which constitutes a single reportable segment under Ind AS 108. During the year ended March 31, 2026, pursuant to the Finance Act, 2026, the Company reassessed recoverability of deferred tax assets, including MAT credit entitlement, considering revised MAT utilisation restrictions, projected taxable profits and expected transition to the concessional tax regime. MAT credit entitlement of Rs.1,032 lacs derecognised to the extent considered no longer recoverable in the financial results for the March 31, 2026.Petition under Sec 241, 242 and 244 of the Co Act was filed before the NCLT Allahabad Bench on July 10, 23, by Mahendra Mohan Gupta & Shailesh Gupta, in their individual capacities, against certain other promoters and members of the PG of the Hold Co.Currently pending before the NCLT.Sub, the Hold Co received requisitions for convening an EGM to consider resolutions for removal of certain directors. Although the res. were passed at the EGM the NCLAT has directed their implementation remain in abeyance pending adjudication of the aforesaid petitions by the NCLT. Based on the current status and management assessment, the Com does not anticipate any material adverse impact on its financial position as at June 30, 2026, or future operations.In the matter of MBL vs. PPL & other music providers,High Court of Judicature at Madras partly allowed the appeal filed by PPL and other appellants by prescribing a minimum floor rate of Rs.660 per needle hour for use of sound recordings by MBL during 2010-2020.Company has filed an SLP before the Supreme Court of India challenging the judgment. The contempt petition filed by PPL was disposed of pursuant to the DB judgment of the Madras High Court on December 10, 2025, which allowed the MBL LPA & set aside the earlier order dated July 31, 2024. The SLP before the Hon’ble Supreme Court is pending. Based on legal advice and internal assessment MBL does not expect any outflow of economic resources in this matter. During the year ended March 31, 2026, the Company assessed the value in use of its net assets and recognised an impairment loss of Rs.4,900 lacs, as the value in use was lower than the carrying value of net assets by the said amount.Figures for the last quarter of the FY ended March 31, 2026, represent the balancing figures between the audited annual figures and the published year-to-date figures up to the third quarter.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00