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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.


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