Tuesday, August 16, 2022
HomeTop Stories EnglishIHNS Group's Finest Q1 In Over A Decade, Finest-Ever Quarter For Digital...

IHNS Group’s Finest Q1 In Over A Decade, Finest-Ever Quarter For Digital Arm


The IHNS Group is declaring its best-ever first quarter (Q1) within the final 14 years with Revenue After Tax of Rs 23.2 crore. Income over the identical quarter final 12 months has elevated by Rs 18 crore.

It needs to be famous that Q1 final 12 months included an distinctive merchandise (sale of an funding). If that have been to be excluded, income has improved by Rs 24.5 crore over final 12 months and revenue has improved by Rs 13.7 crore over final 12 months.

IHNS Restricted, the Group’s tv arm, has recorded a revenue of Rs 12.5 crore. For Q1, that is the Firm’s second-best efficiency ever for profitability. If the distinctive merchandise recorded in Q1 final 12 months have been excluded, this is able to be the tv firm’s best-ever Q1.

IHNS Convergence, the Firm’s digital arm, has accomplished its most-successful ever quarter, recording its highest-ever income; Revenue After Tax is at an all-time excessive of Rs 13.7 crore.

509bsuis

The Group continues to aggressively scale back its exterior liabilities, that are down by Rs 6 crore (together with financial institution borrowings) on this quarter and by Rs 206 crore (together with financial institution borrowings) from three years in the past (as of March 31, 2019).

The Group is deeply grateful to its exceptional staff of journalists and producers for his or her excellent contribution and to its companions and advertisers for his or her constant assist.

RELATED ARTICLES

Most Popular