Entertainment Network India Limited Reports Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 07:38 am EDT
Share
Entertainment Network India Limited announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was INR 470.93 million compared to INR 435.814 million a year ago. Net loss was INR 294.422 million compared to INR 379.076 million a year ago. Basic loss per share from continuing operations was INR 6.18 compared to INR 7.95 a year ago.
Entertainment Network (India) Limited is an India-based advertising company. The Company generates its advertising revenues by the sales of airtime in the Companyâs frequency modulation (FM) radio broadcasting stations, activations, concerts and monetization of Companyâs digital and other media properties. The Company operates FM radio broadcasting stations in 63 Indian cities. The Companyâs subsidiaries include Alternate Brand Solutions (India) Limited, Entertainment Network, Inc., Entertainment Network, LLC, Global Entertainment Network Limited W.L.L., and Mirchi Bahrain W.L.L. Its brands include Radio Mirchi, Mirchi Plus, Mirchi 95, Mirchi Love and Kool FM. The Company operates in Ahmedabad, Akola, Amravati, Amritsar, Asansol, Aurangabad, Bengaluru, Bharuch, Bhavnagar, Bhopal, Chandigarh, Chennai, Coimbatore, Delhi, Nagpur, Pune, Guwahati, Hubli Dharward, Hyderabad, Indore, Jabalpur, Jaipur, Jalandhar, Jammu, Jamnagar, Jhansi, Jodhpur, Kolkata, and other.
ENTERTAINMENT NETWORK (INDIA) LIMITED 
