Music Broadcast Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Music Broadcast Limited reported a 5% revenue increase to Rs.55 crores for Q2 FY25, with a half-year revenue of Rs.114 crores, up 8% year-on-year. Despite a decline in key advertising sectors, growth was driven by digital initiatives, which rose 33%. EBITDA dropped 21% to Rs.9.5 crores in the quarter. The company maintains a strong liquidity position with cash reserves of Rs.341 crores and focuses on integrating digital platforms to enhance listener engagement and advertising effectiveness.