 "Balaji Telefilms Q1 Net plummets 80.28% at Rs 2.08 cr")
The company had reported a net profit of Rs 10.55 crore in the same period a year ago.
ALSO READ: Balaji Telefilms to launch 10 regional shows; eyes tie-ups
Its net sales in the quarter under review stood at Rs 74.63 crore, down 44.85 per cent from Rs 135.33 crore in the corresponding quarter of the previous fiscal, Balaji Telefilms said in a BSE filing.
Its net sales in the quarter under review stood at Rs 74.63 crore, down 44.85 per cent from Rs 135.33 crore in the corresponding quarter of the previous fiscal, Balaji Telefilms said in a BSE filing.
Meanwhile, in a separate filing, the company said it has entered the digital business through its new venture Alt Digital Media Entertainment.
Alt Digital Media will create highly differentiated, original, ad-free digital content for the entire connected ecosystem spanning mobiles, internet, smart TVs, tablets, xBoxes and play stations, the company said.
Shares of Balaji Telefilms were trading at Rs 85.20 apiece, up 2.84 per cent from their previous close on the BSE.
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