ALPHA TRIBE

Cinevista LimitedResults, 13-02-2025: Integrated Filing- Financial

13-02-2025 | 04:53 pm

Cinevista Limited has announced a board meeting where the standalone and consolidated financial results for the quarter ended 31st December 2024 were approved. The results reflect significant losses, with a net loss of ₹224.49 crore for the quarter. The board also reviewed the limited audit report, shedding light on their ongoing operational challenges. The management noted that real estate ventures may enhance profitability in the next few years and expect notable revenue growth from their YouTube channel. Investors might view this as a mixed signal, with a potential positive outlook dependent on upcoming strategic developments amidst the current financial difficulties.

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