Sony Pictures Networks India (SPNI) has reported 11% decline in its ad revenue to Rs 3,286 crore, as per media reports.
The company's consolidated net profit has seen 11% growth for FY2023. In the last financial year, the company posted Rs 937 crore as its net profit.
The company has recorded revenue of Rs 6,684 crore, which is a drop of 0.66% from last year.
Its total expenses have also fallen by 0.73%.
CEO NP Singh was recently reported as saying that the company has made big investments in the sport category.
