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18-May2018

Adlabs Entertainment reports consolidated net loss of Rs 39.80 crore in Q4

Adlabs Entertainment has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a net loss of Rs 40.07 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 31.18 crore for the same quarter in the previous year. Total income of the company decreased by 7.33% at Rs 51.61 crore for quarter under review as compared to Rs 55.69 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a net loss of  Rs 39.80 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 31.66 crore for the corresponding quarter in the FY17. Total consolidated income of the company decreased by 6.73% at Rs 51.94 crore for quarter under review as compared to Rs 55.69 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a net loss of Rs 155.17 crore as compared to net loss of Rs 117.14 crore for the previous year. Total income of company decreased marginally by 0.96% at Rs 237.28 crore for year under review as compared to Rs 239.59 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a net loss of Rs 156.29 crore as compared to net loss of Rs 118.23 crore for the previous year. Total consolidated income of company decreased marginally by 0.82% at Rs 237.62 crore for year under review as compared to Rs 239.59 crore for the year ended March 31, 2017.


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