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Sri Adhikari Brothers Television Network (SABTNL), which runs music channel Mastiii, a clutch of regional channels and a production house, has seen a sharp increase of 78 per cent in its consolidated net profit for the financial year ended 31 March 2015.
The company posted net profit of Rs 8.6 crore (Rs 86 million) in FY15, as against Rs 4.83 crore (Rs 48.32 million) in FY14. SABTNL’s revenue saw a 38.06 per cent increase to Rs 249.02 crore (Rs 2.49 billion) compared to Rs 180.37 crore (Rs 1.80 billion) in the year-ago period.
Expenses, meanwhile, also jumped 36.6 per cent in the fiscal to Rs 209.46 crore (Rs 2.09 billion), from Rs 153.35 crore (Rs 1.53 billion) a year ago.
Profit from operations (before other income, interest, and exceptional items) stood at Rs 39.56 crore (Rs 395.6 million), from Rs 27.03 crore (Rs 270.3 million) in FY14.
Revenue from the broadcasting segment stood at Rs 145.16 crore (Rs 1.45 billion), compared to Rs 108.89 crore (Rs 1.09 billion) in the prior year.
Read more at:
http://www.televisionpost.com/television/sri-adhikari-brothers-fy15-net-up-78-at-rs-8-6-cr/
The company posted net profit of Rs 8.6 crore (Rs 86 million) in FY15, as against Rs 4.83 crore (Rs 48.32 million) in FY14. SABTNL’s revenue saw a 38.06 per cent increase to Rs 249.02 crore (Rs 2.49 billion) compared to Rs 180.37 crore (Rs 1.80 billion) in the year-ago period.
Expenses, meanwhile, also jumped 36.6 per cent in the fiscal to Rs 209.46 crore (Rs 2.09 billion), from Rs 153.35 crore (Rs 1.53 billion) a year ago.
Profit from operations (before other income, interest, and exceptional items) stood at Rs 39.56 crore (Rs 395.6 million), from Rs 27.03 crore (Rs 270.3 million) in FY14.
Revenue from the broadcasting segment stood at Rs 145.16 crore (Rs 1.45 billion), compared to Rs 108.89 crore (Rs 1.09 billion) in the prior year.
Read more at:
http://www.televisionpost.com/television/sri-adhikari-brothers-fy15-net-up-78-at-rs-8-6-cr/
