Entertainment Network India Ltd posts consolidated Q2FY23 loss of Rs. 62.68 lakhs

Entertainment Network (India) Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) – QoQ Comparison
The company has reported total income of Rs. 113.5303 crores during the period ended September 30, 2022 as compared to Rs. 105.2734 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. -0.6268 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. -13.6495 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. -0.11 for the period ended September 30, 2022 as compared to Rs. -2.85 for the period ended June 30, 2022.

Financial Results (Q2 FY2023) – YoY Comparison
The company has reported total income of Rs. 113.5303 crores during the period ended September 30, 2022 as compared to Rs.76.8020 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-0.6268 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.-10.8267 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.-0.11 for the period ended September 30, 2022 as compared to Rs.-2.27 for the period ended September 30, 2021.

Financial Results (Half Year Ended FY2023) – YoY Comparison
The company has reported total income of Rs.218.8037 crores during the 6 Months period ended September 30, 2022 as compared to Rs.123.8950 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.-14.2763 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.-40.2689 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.-2.96 for the 6 Months period ended September 30, 2022 as compared to Rs.-8.45 for the 6 Months period ended September 30, 2021.

Shares of Entertainment Network (India) Limited was last trading in BSE at Rs. 163.25 as compared to the previous close of Rs. 160.95. The total number of shares traded during the day was 242 in over 19 trades.

The stock hit an intraday high of Rs. 165.50 and intraday low of 163.25. The net turnover during the day was Rs. 39842.00. Equity Bulls