Entertainment Network (India) Ltd., India’s leading Private FM Radio operator, popularly known as Radio Mirchi, today reported buoyant results for the quarter ending December 31, 2010. On the back of a 22% growth in revenues to Rs 77.5 crores in the quarter, the company’s EBITDA rose by 33% to Rs 28.2 crores. With exceptional income at Rs 12.03 crores, the profit after tax of the company stood at Rs. 24.9 crores against Rs. 10.7 crores reported in Q3 last year. The Company’s EBITDA margin improved from 33.2% in Q3FY10 to 36.4% during the current quarter.
Tuesday, February 22, 2011
Radio Mirchi’s EBITDA grows 33% to Rs. 28 crores in Q3
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