ENIL crosses Rs 200 mark revenue mark in Q3
MUMBAI: Entertainment Network India Ltd (ENIL) has hit Rs 200 crore revenue mark in the third quarter ended 31st December. The company posted total revenue of Rs. 200.9 crore during the quarter as compared to Rs. 147.9 crores in Q3 FY18, a growth of nearly 36%.
Reported EBITDA during the quarter was Rs.40.4 crore, higher by 13.5%. PAT grew by 22.2% to Rs. 16 crore for the quarter ended December 2018.
Commenting on the results, ENIL MD & CEO Prashant Panday said, “This is the highest revenue we have ever generated in a quarter and it is a very proud feeling for all of us! All parts of the business grew rapidly, and the Company’s PAT has also grown handsomely. Three years ago, we entered a big investment phase when the government announced auctions for new licenses. Today, we are reaping the rewards of that investment. I see a strong period of growth ahead of us.”