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Music Broadcast reports 25% jump in Q1 net profit

25 Jul 2018 Evaluate

Music Broadcast has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 24.54% in its net profit at Rs 13.50 crore for the quarter under review as compared to Rs 10.84 crore for the same quarter in the previous year. Total income of the company increased by 4.16% at Rs 78.10 crore for Q1FY19 as compared Rs 74.98 crore for the corresponding quarter previous year.

Radio City, a part of Music Broadcast Limited (MBL) is a subsidiary of Jagran Prakash. Radio City was the first FM radio broadcaster in India and brings with it over 16 years of expertise in the radio industry.

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