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Disney reports $28 million loss from India JV in Q1 FY26

Walt Disney reported a $28 million loss from its India joint venture with Reliance Industries in Q1 fiscal 2026, a slight improvement from the prior year. Despite a 5% revenue increase to $26 billion, total segment operating income declined 9% due to higher costs in entertainment and sports segments.

3 Feb 2026 4:15 pm