Music Broadcast Limited — Important, 28-07-2025: Updates
28-07-2025 | 03:16 pm
28-07-2025 | 03:16 pm
Music Broadcast Ltd recorded a net loss of Rs 2.17 Cr for the June 2025 quarter, a notable improvement from the Rs 38.03 Cr loss in the prior quarter. This improvement is primarily due to the absence of further asset impairment charges this quarter. However, revenue from operations saw a decline to Rs 49.32 Cr. The company's Board has approved these financial results. Importantly, ongoing litigations, including the NCLT petition and a dispute with PPL, are not expected to impact the company’s financial position or future operations, providing clarity for investors.
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