Sri Adhikari Brothers Television Network reports net loss of Rs 3.70 crore in Q4

Sri Adhikari Brothers Television Network has reported results for fourth quarter and year ended March 31, 2012.

On the standalone basis, the company has reported net loss of Rs 3.70 crore for the quarter ended March 31, 2012, against net loss of Rs 2.82 crore for the corresponding period last fiscal.  However, total income increased by 164.39% at Rs 15.07 crore during the quarter under review from Rs 5.70 crore in the year-ago period.

For the full year ended March 31, 2012, on the standalone basis the company has posted a rise of 218.52% in its net profit at Rs 1.72 crore for the year ended March 31, 2012 as compared to Rs 0.54 crore in the previous year. Total income has increased by 49.37% at Rs 48.44 crore for year under review as compared to Rs 32.43 crore for the period ended March 31, 2011.