Production house BAG Films and Media today posted a lower consolidated loss at Rs 11.85 crore for the quarter ended June 30, 2010.
This is against a consolidated loss of Rs 14.82 crore registered in the same quarter last fiscal, BAG Films said in a filing to the Bombay Stock Exchange.
However, consolidated total income for the company rose to Rs 13.89 crore for Q1 FY2010-11 compared to Rs 13.60 crore in the same period last fiscal.
While audio-visual production contributed Rs 5.58 crore to the quarter's revenues, FM radio and TV broadcasting business contributed Rs 1.10 crore and Rs 7.20 crore, respectively.
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