Music Broadcast Ltd Q1 FY24 PAT at Rs. 93.62 lakhs

Music Broadcast Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 58.6740 crores during the period ended June 30, 2023 as compared to Rs. 56.5755 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 0.9362 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -0.7676 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.03 for the period ended June 30, 2023 as compared to Rs. -0.02 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 58.6740 crs	₹56.5755 crs	3.71%
Net Profit	₹0.9362 crs	₹-0.7676 crs	221.96%
EPS	₹0.03	₹-0.02	250.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 58.6740 crores during the period ended June 30, 2023 as compared to Rs.48.6415 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.0.9362 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.0.01 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.03 for the period ended June 30, 2023 as compared to Rs.0.0002 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 58.6740 crs	₹48.6415 crs	20.63%
Net Profit	₹0.9362 crs	₹0.01 crs	9,262.00%
EPS	₹0.03	₹0.0002	14,900.00%

Shares of Music Broadcast Limited was last trading in BSE at Rs. 11.92 as compared to the previous close of Rs. 12.16. The total number of shares traded during the day was 398336 in over 49 trades.

The stock hit an intraday high of Rs. 11.96 and intraday low of 11.92. The net turnover during the day was Rs. 4755513.00.

Source : Equity Bulls

Keywords

MusicBroadcast Q1FY24 ResultUpdate