Sadhna Broadcast Limited on Tuesday reported the financial results for the quarter ending March 31, 2020. The free-to-air (FTA) broadcaster reported a net profit of Rs 13.32 lakh, down from Rs 28.12 lakh in the previous quarter.
Results at a Glance
- Total income at Rs 5.53 crore
- Total expenses at Rs 5.32 crore
- Net Profit at Rs 13.32 lakhs
Sadhna Broadcast’s total income from operations in Q4 FY 20 stood at Rs 5.53 crore, down from Rs 14.31 crore revenue in the previous quarter. The operating costs reduced with Sadhna incurring Rs 5.32 crore total expenses, down from Rs 13.93 crore in the previous quarter.
The net profit took a hit due to the decrease in operational revenue with it coming down by 50% in Q4 FY 20. Sadhna’s net profit stood at Rs 13.32 lakh, down from Rs 28.12 lakh in Q3 FY 20.
Sadhna’s current liabilities came down in Q4 FY 20 from Rs 26.19 crore in the preceding quarter, to Rs 14.12 crore in the quarter ending March 31, 2020. The reduction came on the account of decrease in the trade payables and short-term borrowings.
