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Music Broadcast Ltd Q1FY24; 9300% rise in Profits

Music Broadcast Limited is a subsidiary of Jagran Prakashan Ltd. It runs radio channel Radio City.
Being the first FM radio broadcaster in India and with 19 years of expertise in the radio industry, Radio City is the second largest operator today.

Financial Results:

Music Broadcast Ltd reported Revenues for Q1FY24 of ₹53.03 Crores up from ₹44.14 Crore year on year, a rise of 20.14%.

Total Expenses for Q1FY24 of ₹56.59 Crores up from ₹48.62 Crores year on year, a rise of 16.39%.

Consolidated Net Profit of ₹0.94 Crores up 9300.0% from ₹0.01 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.03, from ₹0.00 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: Radio
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