Mumbai (Maharashtra) [India], November 1 (ANI/NewsVoir) Music Broadcast Limited (MBL), India s 1st Private FM Radio Broadcaster, has reported its Financial Results for the quarter and half-year ended September 30th, 2022.
Mumbai (Maharashtra) [India], August 4 (ANI/NewsVoir): Music Broadcast Limited (MBL), India's 1st Private FM Radio Broadcaster, has reported its Financial Results for the quarter ended June 30th, 2022. Key Highlights - Q1 FY23 Maintained a strong Position with 18 per cent Volume Market Share Q1 FY23 Top line of Rs 44.1 Crores; 116 per cent Growth YoY EBITDA at Rs. 8.8 Crores; EBITDA Margin at 19.8 per cent Includes other income Commenting on the results Shailesh Gupta, Director said, "As per industry reports, the advertising volumes have returned in a big way, which when coupled with the opening up of the country, is a major tailwind for our business. We have been resilient as an organization through the tough times and risen to the challenge by evolving as a company and providing omni-channel offerings to align with changing customer preferences and media consumption patterns. The recovery in Radio Adex, was seen across all the major sectors, which even if on a low base hav