Bigul

ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Notice regarding transfer of unclaimed dividend and shares to IEPF
16-06-2024
Bigul

ENTERTAINMENT NETWORK (INDIA) LTD. - 532700 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Annual Secretarial Compliance Report for the financial year ended March 31, 2024.
27-05-2024
Bigul

Q4FY24 Quarterly & FY24 Annual Result Announced for Entertainment Network (India) Ltd.

Broadcasting & Cable TV company Entertainment Network (India) announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Overall revenue: Rs 149.3 crore, a 42.4% increase compared to Q4FY23. Radio revenue growth: 26.4%. Non-FCT revenue growth: 48.1%. EBITDA (excluding digital): Rs 36 crore, up from Rs 23 crore in Q4FY23. Digital segment revenues: Rs 20.3 crore, constituting 24.4% of radio revenue. FY24 Financial Highlights: Radio revenue growth: 10.8%. Non-FCT revenue growth: 8%. Consolidated revenues: Rs 500 crore, a 13.6% YoY growth. EBITDA (excluding digital): Rs 125.4 crore, a 34.5% YoY increase. PAT (Profit After Tax): Increased from Rs 2.34 crore in FY23 to Rs 50.6 crore in FY24. Digital segment revenues: Rs 47 crore, constituting 15.3% of radio revenue. International market performance: Positive, with EBITDA reaching Rs 3.3 crore. Dividend recommended by the Board of Directors: Rs 1.50/- per equity share of Rs 10/- each, aggregating Rs 715.06 lakhs for the year ended March 31, 2024. Commenting on the developments, Yatish Mehrishi, CEO, ENIL, said: “I am delighted with our FY24 performance, both in terms of revenue and profitability. Our strategic emphasis on radio and digital expansion has resulted in significant market share gains, reaching approximately 26% in the current quarter. The integration of Gaana into our digital portfolio signifies a significant milestone, further reinforcing our leadership in India's audio entertainment sector. We remain steadfast in driving profitable growth and creating sustainable value for both shareholders and customers." Result PDF
06-05-2024
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