Sadhna Broadcast net profit down to Rs 12.44 lakhs in Q1 FY 19-20

Sadhna Broadcast net profit down to Rs 12.44 lakhs in Q1 FY 19-20. Revenue from operations reduced.

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By Basil Kannagi Arasu

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Sadhna-TV

Sadhna Broadcast Limited yesterday declared its unaudited financial results for the quarter ending June 30, 2019.

Sadhna registered Rs 6.43 crores as its revenue from operations against Rs 16.83 crores in the previous quarter. Total expenses stood at Rs 6.26 crores as compared to Rs 15.84 crores in the previous quarter.

Profit after tax stood at Rs 12.44 lakhs in the quarter as compared to Rs 69.80 lakhs in the previous quarter. Earning from shares stood at Rs 0.13 against Rs 0.70 in the previous quarter.

At the time going to press Sadhna Broadcast Ltd shares were trading at Rs 10.01 up by Rs 0.47 or 4.93% as against a previous close of Rs 9.54 on the BSE.

Sadhna Broadcast is a modern television conglomerate running multiple very successful channels in their respective genres.

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Basil Kannagi Arasu

News Reporter

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Basil likes to cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

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