Music Broadcast Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 546.71 million compared to INR 598.89 million a year ago. Revenue was INR 598.81 million compared to INR 637.7 million a year ago. Net loss was INR 40.94 million compared to INR 90.05 million a year ago. Basic loss per share from continuing operations was INR 0.12 compared to INR 0.26 a year ago. Diluted loss per share from continuing operations was INR 0.12 compared to INR 0.26 a year ago.

For the nine months, the company reported sales was INR 1,474.55 million compared to INR 1,224.08 million a year ago. Revenue was INR 1,619.89 million compared to INR 1,349.58 million a year ago. Net income was INR 42.75 million compared to net loss of INR 36.45 million a year ago. Basic income per share from continuing operations was INR 0.12 compared to Basic loss per share from continuing operations of INR 0.11 a year ago. Diluted income per share from continuing operations was INR 0.12 compared to Diluted loss per share from continuing operations of INR 0.11 a year ago.