Entertainment Network Limited records 16.4% growth in total revenue for 2018-19
The total revenue stood at Rs 63,541.4 lakh, up from Rs 54,590.5 lakh recorded last year
Entertainment Network (India) Limited, which owns Radio Mirchi, has released Annual Report 2018-19. The company recorded a total revenue of Rs 63,541.4 lakh, up from Rs 54,590.5 lakh recorded last year. This was a growth of 16.4% in revenue.
The company’s earnings before Interest, Taxes, Depreciation and Amortisation (EBITDA) and Exceptional items stood at Rs 15,474.3 lakh. The profit before tax was Rs 8,366.2 and the net profit was Rs 5,391.9 lakh.
The net worth of the company stood at Rs 93,223.2 lakh in 2018-19 as compared to Rs 88,426.2 lakh the previous year.
The Company reported a 53.36 % increase in the earnings per share in 2018-19, increasing from Rs 7.4 in 2017-18 to Rs 11.3 in 2018-19.
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