Music Broadcast Limited Q1FY20: Maintains EBITDA Margin at 32%

Music Broadcast Limited Q1FY20: Maintains EBITDA Margin at 32%   Highlights : Top line for the quarter was Rs 69.78 Crores EBITDA was Rs 22.37 Crores PBT was Rs 14.50 Crores 4% yield increase in the quarter Agreement signed with RBNL and Application submitted to MIB Ms. Apurva Purohit, Director said: “It has been a challenging start to the year with weak sentiments, slowing economic growth and poor consumption trends which directly impacted the overall advertising environment. Based on corporate results thus far, it is clear that the slowdown is…

Read More