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Reliance Broadcast Network Q4 loss at Rs 24 crore

The company had posted a net loss of Rs 30.69 crore in the same period of previous fiscal

Press Trust of India New Delhi
Reliance Broadcast Network today posted a consolidated loss of Rs 24.15 crore for the fourth quarter ended March 31, 2013.

The company had posted a net loss of Rs 30.69 crore in the same period of previous fiscal, Reliance Broadcast Network said in a filing to BSE.

Total income of the company stood at Rs 65.84 crore during the fourth quarter, as compared to Rs 65.14 crore in the same period of previous fiscal.

During the quarter, revenue from the radio business was Rs 46.09 crore against Rs 42.40 crore in the same period previous fiscal, the company said.

Revenue from production segment was Rs 4.5 crore as against Rs 4.9 crore in the comparable period previous fiscal.
 

The television segment posted a revenue of Rs 8.4 crore against Rs 4.6 crore in the year-ago period.

Shares of Reliance Broadcast Network were trading at Rs 28.95 in afternoon trade on BSE, down 7.73% from previous close.

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First Published: May 13 2013 | 4:40 PM IST

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