Music Broadcast Limited — Updates, 28-01-2025: Press Release

Music Broadcast Limited reported solid growth in Q3 with revenue rising 8% year-on-year to ₹65 Cr, and EBITDA increasing by 15% to ₹18 Cr, driven by innovative solutions for clients. For the nine-month period, revenue also grew 8% to ₹180 Cr, while EBITDA saw a modest 7% increase to ₹43 Cr, resulting in an EBITDA margin of 24%. The company maintained a stable 19% market share, indicating strong customer trust. Notably, the digital segment experienced a remarkable 53% growth year-on-year, underscoring the effectiveness of its content and audience engagement strategies. Radio City, preferred by 40% of the advertising industry, continues to strengthen its market position through diverse strategies aimed at enhancing stakeholder value. The outlook remains positive as the company focuses on capturing emerging opportunities in the evolving media landscape.