Music Broadcast Limited (MBL) operates under the iconic brand Radio City. With 39 stations across 12 states, it is a leader in the Indian FM radio industry. Backed by the Jagran Prakashan group, Music Broadcast is leveraging AI technology and Tier-2/3 market dominance to diversify its income streams beyond traditional radio spots.;

CEO/MD

Mr. Abraham Thomas

Founded in

1999

NSE symbol

RADIOCITY

Shareholding Pattern

Mar '25

Jun '25

Sep '25

Dec '25

Mar '26

Promoters
74.05%
Retail And Others
22.20%
Other Domestic Institutions
3.75%

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BSE • 1 month ago

Music Broadcast Ltd reported FY26 revenue at ₹20,118.7 lakh, down from ₹26,134.6 lakh in FY25, with net profit rising to ₹5,332.4 lakh. Board reconstituted NRC, appointing Ms. Divya Karani as Chairperson from May 30, 2026, and approved Ernst & Young LLP as FY27 internal auditor.

BSE • 1 month ago

Music Broadcast Ltd schedules board meeting on May 21, 2026, to approve audited results. Trading window remains closed till 48 hours post-meeting as per insider trading regulations.

BSE • 2 months ago

Music Broadcast Ltd received a demand order of Rs. 8.71L for AY 2019-20. The company is evaluating actions and will update on the matter in due course.

BSE • 3 months ago

Music Broadcast Ltd received a tax demand order of Rs. 24.5L for FY 2010-11. The company plans to appeal the order and expects no material financial impact.

BSE • 3 months ago

Music Broadcast Ltd received a rectification order reducing a GST demand of Rs. 89.6 lakh to Rs. 0. The rectification order, dated March 19, 2026, imposed no penalty, impacting no financial operations.

BSE • 5 months ago

Music Broadcast Ltd held a conference call on Feb 4, 2026, discussing Q3 and nine-month FY25 results. The audio recording is available on their website; transcript will be shared later.

ScoutQuest • 5 months ago

Music Broadcast Ltd held 18% market share in Q3FY26 for radio. Radio industry volume fell 2% YoY; Q3FY26 revenue at Rs 46.5 Cr.

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