Raj Network Q4 FY 20 PAT at Rs 1.81 crore, Q1 FY 21 net loss at Rs 4.3 crore

Raj Network on Thursday declared the financial results for the quarter ending March 31, 2020 and quarter ending June 30, 2020 simultaneously. Raj Network reported a net profit of Rs 1.81 crore in Q4 FY 20 on the account of Rs 1.45 crore deferred tax.

Q4 FY 20 Results

Raj Network’s total revenue in Q4 FY 20 stood at Rs 16.2 crore, up from Rs 9.58 crore in the preceding quarter. The total expenses stood at Rs 15.54 crore, up from Rs 11.66 crore in the preceding quarter.

The net profit stood at Rs 1.81 crore on the account of Rs 1.45 crore deferred tax, up from net loss of Rs 2.89 crore in the preceding quarter.

Q1 FY 21 Results

Raj Network’s total revenue in Q1 FY 21 stood at Rs 11.89 crore, down from Rs 16.2 in Q4 FY 20. The total expenses however rose from Rs 15.54 crore in the previous quarter to Rs 16.28 crore in Q1 FY 21 due to increase in other expenses.

The net loss was pegged at Rs 4.3 crore, down from the net profit of Rs 1.81 crore in the preceding quarter.