Top Story

e4m_logo.png

Home >> Advertising >> Article

ENIL reports 43.6 per cent rise in total income

18-May-2007
Font Size   16
Share
ENIL reports 43.6 per cent rise in total income

Entertainment Network India Ltd (ENIL) has reported a 43.6 per cent rise in its total income for the year, to stand at Rs 170.53 crore. The results given out also reveal a 41.4 per cent rise in the company’s total income, increasing from Rs 32.84 crore (Q4FY06) to Rs 46.43 crore for the quarter ended March 31, 2007.

The official note reported that the company’s earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 56.4 per cent to Rs 14.25 crore, resulting in a net profit of Rs 10.44 crore.

Commenting on the performance of the company, AP Parigi, CEO and MD, ENIL, said, “This quarter has seen high intensity of competitive activity and Radio Mirchi’s growth performance is a clear sign of the leadership status of the brand, success of the strategy, and strength of the management team.”

Total income during the year grew by 43.6 per cent to Rs 170.53 crore, while EBITDA increased by 25.2 per cent to Rs 47.75 crore and net profit stood at Rs 29.08 crore -- up 47.9 per cent. On a like basis, EBITDA for FY07 stood at Rs 47.20 crore, up 23.8 per cent Year on Year (YoY).

The official communiqué also noted that the stations in the cities of Bangalore, Hyderabad and Jaipur achieved a positive EBITDA in the first year of their operations.

The company has reported consolidated net profits of Rs 25.14 crore, up 18.4 per cent YoY. The consolidated total income was Rs 237.60 crore and EBITDA was Rs 45.28 crore.

“The other engine of growth of the company, Times Innovative Media Ltd, has chipped in with a good performance, bagging some of the prestigious projects in Times OOH media this quarter,” Parigi added.

Tags

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Bhasin on the checks and balances of new IRS, methodology with new companies like Vedsur on board, interpreting the data and why it’s not fair to compare with previous data

Chitresh Sinha, CEO, Chlorophyll Innovation Lab and Vivek Singh, Joint MD, Procam International speak exclusively with exchange4media on the upcoming #BeBetter Campaign for the TATA Mumbai Marathon

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Over the last 12 years, Cadbury 5Star has entertained viewers bringing to them ‘lost’ antics of the iconic duo of Ramesh and Suresh

As the brand sets its gaze towards the future, it was a clear direction to amplify the very feeling of this ‘attachment'

We list a few important stories that you may have missed in the week gone by