Music Broadcast Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 514.06 million compared to INR 460.22 million a year ago. Revenue was INR 565.76 million compared to INR 502.71 million a year ago. Net loss was INR 7.68 million compared to INR 20.56 million a year ago. Basic loss per share from continuing operations was INR 0.02 compared to INR 0.06 a year ago.
For the full year, sales was INR 1,988.61 million compared to INR 1,684.3 million a year ago. Revenue was INR 2,185.65 million compared to INR 1,852.29 million a year ago. Net income was INR 34.4 million compared to net loss of INR 57.01 million a year ago. Basic earnings per share from continuing operations was INR 0.1 compared to basic loss per share from continuing operations of INR 0.16 a year ago.