BAG Films registers Rs 432.57 lakhs profit in Q1 FY 19-20

BAG Films registers Rs 432.75 lakhs profit in Q1 FY 19-20. TV revenue up while FM radio and audio visual production decreased.

Posted in:

BAG Films yesterday announced its unaudited consolidated and standalone results for the quarter ending June 30, 2019.

BAG Films registered consolidated revenue of Rs 4,093 lakhs as against Rs 3,328 lakhs in the previous quarter. Total expenses stood at Rs 3,666 lakhs as compared to Rs 4,222 lakhs in the previous quarter. The company registered a net profit of Rs 432.57 lakhs as a net loss of Rs 905.17 lakhs in the previous quarter. Basic earning per share stood at Rs 0.22.

BAG Film’s television business revenue increased in the quarter. The revenues stood at Rs 3,577 lakhs as compared to Rs 2,687 lakhs in the previous quarter. Revenues from FM Radio business reduced as it stood at Rs 221.54 lakhs as against Rs 286.55 lakhs in the previous quarter. Leasing revenues were the same as the last quarter at Rs 16.30 lakhs. Audio and visual production revenues stood at Rs 223.57 lakhs as against Rs 257.28 lakhs.

The board of directors also reappointed Ms Anuradha Prakash Shukla as Chairperson and Managing Director of its company for a further period of 5 years with effect from April 1, 2020, to March 31, 2025. 

At the time of going to press BAG Films was trading at Rs 2.98 down by Rs 0.08 or 2.61% as against a previous close of Rs 3.06 on the BSE.

DreamDTH is the source for breaking news and exclusive updates in DTH and Television industry! For the latest news and updates, follow us on Twitter, Google News, Telegram and Facebook. For the latest videos updates, subscribe to our YouTube channel.

Avatar of Basil Kannagi Arasu
Basil Kannagi Arasu

Editor-in-chief

Basil currently works as the Editor-in-chief at DreamDTH. He likes to write and cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new...