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Adlabs Entertainment slips on reporting consolidated net loss of Rs 39.80 crore in Q4

18 May 2018 Evaluate

Adlabs Entertainment is currently trading at Rs. 45.30, down by 0.35 points or 0.77% from its previous closing of Rs. 45.65 on the BSE.

The scrip opened at Rs. 46.15 and has touched a high and low of Rs. 47.00 and Rs. 44.70 respectively. So far 11423 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.50 on 03-Nov-2017 and a 52 week low of Rs. 43.10 on 16-May-2018.

Last one week high and low of the scrip stood at Rs. 47.35 and Rs. 43.10 respectively. The current market cap of the company is Rs. 403.76 crore.

The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 7.26% and 42.64% respectively.

Adlabs Entertainment has reported a net loss of Rs 40.07 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 31.18 crore for the same quarter in the previous year. Total income of the company decreased by 7.33% at Rs 51.61 crore for quarter under review as compared to Rs 55.69 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a net loss of  Rs 39.80 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 31.66 crore for the corresponding quarter in the FY17. Total consolidated income of the company decreased by 6.73% at Rs 51.94 crore for quarter under review as compared to Rs 55.69 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a net loss of Rs 155.17 crore as compared to net loss of Rs 117.14 crore for the previous year. Total income of company decreased marginally by 0.96% at Rs 237.28 crore for year under review as compared to Rs 239.59 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a net loss of Rs 156.29 crore as compared to net loss of Rs 118.23 crore for the previous year. Total consolidated income of company decreased marginally by 0.82% at Rs 237.62 crore for year under review as compared to Rs 239.59 crore for the year ended March 31, 2017.

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