Radio ad revenue up by 11% in Sep quarter to Rs 385.86 crore: TRAI
As of 30th September 2022, there have been 388 operational private FM radio channels in 113 cities run by 36 private FM radio operators, according to data reported to TRAI
According to the Telecom Regulatory Authority of India (TRAI) Performance Indicators Report for the Quarter ending September 2022, radio advertisement revenue grew 11% to Rs 385.86 crore as against Rs 345.12 crore of 388 private FM radio channels for the previous quarter ended on the 30th June 2022.
The advertising revenue for the 31st March 2022 quarter was Rs 362.63 crore and for 31st December 2021 was Rs 421.74 crore.
Apart from the radio channels operated by All India Radio, there are 388 operational private FM Radio channels in 113 cities run by 36 private FM Radio operators.
According to the report, as of 30th September 2022, 374 Community Radio stations are operational as compared to 366 for the quarter ended 31st June 2022.