Breaking News

You are here » Indian-Commodity  :  Corporate  :  Balaji Telefilms reports net loss of Rs 32.71 crore in Q4 consolidated net profit

21-May2018

Balaji Telefilms reports net loss of Rs 32.71 crore in Q4 consolidated net profit

Balaji Telefilms has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a fall of 70.52% in its net profit at Rs 3.83 crore for the quarter ended March 31, 2018 as compared to Rs 12.99 crore for the same quarter in the previous year. However total income of the company decreased by 5.58% at Rs 94.97 crore for quarter under review as compared to Rs 100.58 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a net loss of Rs 32.71 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 1.78 crore for the corresponding quarter in the FY17. Total consolidated income of the company decreased by 1.49% at Rs 97.65 crore for quarter under review as compared to Rs 99.13 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a fall of 44.52% in its net profit at Rs 16.30 crore as compared to Rs 29.38 crore for the previous year. However, total income of company increased by 3.09% at Rs 433.18 crore for year under review as compared to Rs 420.21 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 45.15 crore as compared to net loss of Rs 28.15 crore for the previous year. Total consolidated income of company decreased by 1.50% at Rs 432.34 crore for year under review as compared to Rs 438.94 crore for the year ended March 31, 2017.


Related News

View all news

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......

USFDA completes audit at Dr. Reddy's subsidiary in Hyderabad

USFDA has completed audit of R&D facility of Aurigene Discovery Technologies, a wholly owned subsidiary of Dr. Reddy's Laboratories, situated at Miyapur, Hyderabad. No FDA 483 was issued at the......

SpiceJet reports passenger load factor of 94% in February

SpiceJet has reported the Passenger Load Factor (PLF) of 94.0% during the month of February 2019. The company had reported PLF of 90.9% during the month of January 2019.The PLF is a key indicator of the......

Top News

View all news

Infosys to enter into agreement with The House Fund II

Infosys is going to enter into an agreement with The House Fund II, L.P., an AI-focused fund targeting startups from the University of California - Berkeley, committing to invest $10.0 million.......

EID Parry receives approval for investment Rs 70 crore in PSRIPL

EID Parry (INDIA) has received approval for investment upto Rs 70 crore in the equity share capital of Parry Sugars Refinery India (PSRIPL), a wholly owned subsidiary of the Company. The Board of directors......

SBI raises Rs 1,251 crore by issuing Basel III-compliant bonds

State Bank of India (SBI) has raised Rs 1,251.30 crore by issuing Basel III-compliant bonds. The Committee of Directors for Capital Raising at its meeting held on 22 March 2019 deliberated and accorded......