Entertainment Network (India) reports 21% rise in revenue

Feb13,2024



New Delhi: Entertainment Network (India), operator of FM radio channels radio mirchiA total increase of 21% was recorded on Tuesday Income to Rs 140 crore.
of the company EBITDA stood at Rs 44.3 crore, showing a growth of 36.4% on year-on-year basis, mainly driven by topline growth, ENIL announced profit after tax of Rs 21.6 crore for the October-December quarter, a growth of 108%.
The digital segment contributed Rs 11.4 crore to revenues, which is 13% of total radio revenues. Additionally, ENIL invested Rs 6.2 crore to strengthen its digital presence, the company said.
International business witnessed stable growth with EBITDA at over Rs 2.3 crore during the quarter.



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