ENIL posts 20% consolidated revenue growth YoY
The growth has been led by strong growth in non-FCT revenues, the company has said
by
Published: Feb 3, 2023 10:11 AM | 1 min read
Follow Us
Entertainment Network (ENIL IN) has reported rebased consolidated revenue growth of 19.7% YoY, up 14.6% QoQ, but down 15.9% against Q3FY20 (pre-COVID level).
The growth has been led by strong growth in non-FCT revenues (up 55% YoY) along with radio business’s growth by 8% YoY.
Traditional media continued to face headwinds leading to radio volume growth deceleration but despite that, volumes grew 15.8% YoY.
ENIL has reported a rebased consolidated profit of Rs 7.3 crore, down 29.2% YoY (up 9x QoQ; down 26% versus pre-pandemic).
Read more news about Marketing News, Advertising News, PR and Corporate Communication News, Digital News, People Movement News
For more updates, be socially connected with us on
Instagram,
LinkedIn,
Twitter,
Facebook,
YouTube
&
Google
News
