ALPHA TRIBE

Entertainment Network (India) LimitedOthers, 09-02-2025: Copy of Newspaper Publication

09-02-2025 | 03:51 pm

Entertainment Network (India) Limited has announced a board meeting to review financial results for the quarter and nine months ended December 31, 2024. The standalone revenue from operations for the quarter stands at ₹153.70 crore, slightly lower compared to ₹155.01 crore in the same quarter last year. The company reported a net profit of ₹8.51 crore versus ₹21.91 crore in the previous year.

These results might signal cautious investor sentiment, reflecting challenges in maintaining growth amid decreasing profitability. Nonetheless, the license awarded to the company for operating the entertainment radio channel in Bahrain may represent a long-term strategic opportunity despite current fluctuations in profit.

No comments yet. Be the first to comment!

All announcements from Entertainment Network (India) Limited