Company News
Raj Television sees 53% revenue increase in Q2 FY2025
Raj Television Network Limited has reported its unaudited financial results for Q2 FY2025. The revenue increased to Rs 359.33 million, up from Rs 234.54 million in the same period last year.
The company posted a net loss of Rs 168 million, a significant decline from a modest profit of Rs 217,000 in Q2 FY2024. Total expenses surged by 35%, with the cost of revenue rising by 77% to Rs 293 million.
Employee costs saw a slight decrease of 6%, but finance expenses spiked by over 60%, reaching Rs 10.3 million due to increased borrowing. Current liabilities, including trade payables, rose 39%, and cash reserves plummeted from Rs 26.7 million to Rs 3.3 million.
BCS Bureau