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Balaji Telefilms Ltd Q1FY24; 28% rise in Revenue

Balaji Telefilms Ltd is in the business of production of films, event business, B2C and B2B digital content business and operates a subscription based video on demand (SVOD) over the top (OTT) platform, distribution of films. It has established itself in the business of television content in India particularly for Hindi language content.

Financial Results:

Balaji Telefilms Ltd reported Revenues for Q1FY24 of ₹152.00 Crores up from ₹119.00 Crore year on year, a rise of 27.73%.

Total Expenses for Q1FY24 of ₹136.00 Crores down from ₹143.00 Crores year on year, a fall of 4.9%.

Consolidated Net Profit of ₹11.00 Crores from -₹24.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.04, from -₹2.40 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: movies
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