Radiowalla Network Limited — Investor Meet, 28-04-2025: Analysts/Institutional Investor Meet/Con. Call Updates
Radiowalla Network Limited will host an earnings conference call focused on its financial performance for the half-year ending September 30, 2024, discussing key metrics, business updates, and future growth strategies.
In H1 FY24, revenue reached ₹10 Crores, up 35% YoY, driven by a 47% rise in in-store radio and a 119% increase in advertisement revenue. Although margins saw slight compression from one-time IPO costs, management projects margin improvements ahead, bolstered by growth from new and existing clients. The order book expanded with 80 new brands and over 2,000 stores added. Analysts raised questions regarding margin dynamics, with expectations of approximately 35% margins in advertising as subscription revenues grow. Management expressed a confident outlook, emphasizing a strong pipeline and strategic initiatives in AI and digital out-of-home.
