Radaan Mediaworks India Limited Announces Audited Standalone and Consolidated Earnings Results for the Year Ended March 31, 2019
May 29, 2019 at 07:41 pm IST
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Radaan Mediaworks India Limited announced audited standalone and consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis, the company reported revenue from Teleserial or Films or Events and shows and Digital Income was INR 72,134,849 compared to INR 71,190,333 a year ago. Total income was INR 72,504,114 compared to INR 71,889,915 a year ago. Loss for the period after tax was INR 82,402,684 compared to profit of INR 1,056,937 a year ago. Loss per basic and diluted share was INR 1.52 compared to profit of INR 0.02 a year ago.
For the year, on standalone basis, the company reported revenue from Teleserial or Films or Events and shows and Digital Income was INR 280,374,890 compared to INR 291,202,187 a year ago. Total income was INR 281,704,834 compared to INR 293,017,546 a year ago. Loss for the period after tax was INR 79,688,082 compared to profit of INR 7,535,011 a year ago. Loss per basic and diluted share was INR 1.47 compared to profit of INR 0.13 a year ago.
For the year, on consolidated basis, the company reported revenue from Teleserial or Films or Events and shows and Digital Income was INR 280,374,890 compared to INR 291,202,187 a year ago. Total income was INR 281,799,764 compared to INR 293,017,546 a year ago. Loss for the period after tax was INR 79,738,639 compared to profit of INR 7,465,735 a year ago. Loss per basic and diluted share was INR 1.47 compared to profit of INR 0.13 a year ago.
Radaan Media Works India Limited is an India-based media and entertainment company. The Company is in the business of production of television/digital content, conducting shows/events, and feature films. The Company operates in the area of producing content for tele-serials/films, digital content, web series, events, game shows and others, producing films, undertaking distribution activities, theatrical plays and setting up training courses comprising acting, dance, martial arts, yoga and others. It has over 8000 television production houses covering 30 languages. It telecasts approximately 500 daily and over 200 weekly television programs. It telecasts programs on various channels in South India, such as Sun TV, KTV, Gemini, Surya, Udaya, ETV and Zee. telecasts serials in Tamil, Telugu, Malayalam, Hindi, Kannada and Gujarati languages. Its programs include Chithi2, Chithi, Chelvi and Vani Rani. The Company's wholly owned subsidiary is Radaan Media Ventures Pte Ltd.