The group’s total expenses increased to Rs 145.5 crore as against Rs 135.1 crore. Its broadcasting segment operating profit declined to Rs 51.9 crore as against Rs 54.2 crore despite increase in revenue at Rs 170.6 crore compared to Rs 164.1 crore. FM radio broadcasting loss narrowed to Rs 2.14 crore from Rs 6.1 crore. Segment revenue jumped to Rs 7.01 crore from 6.28 crore.
Recently, the group has appointed Neera Malhotra as an Additional Independent Director of the company subject to the approval of shareholders and ministry of information & broadcasting (MIB). The term of appointment will be five years from the date of approval by MIB.