Balaji Telefilms reports Q3FY19 result

Balaji Telefilms reports Q3FY19 result

Shohini Nath
/ Categories: Trending, DSIJ News

India’s premier television and digital content creation house, Balaji Telefilms reported a good set of numbers from its television and film making businesses for the third quarter ended December 31. 

The Q3FY19 revenue from operations came in at Rs. 111.5 crore comprising of Rs. 103.8 crore from content production and Rs 7.7 crore from movies. The Q3FY19 EBITDA stood at Rs. 13.2 crore, 3.5 times growth over Q2FY19 EBITDA which came in at Rs 3.8 crore. The consolidated revenue from operations went up by 48.8 per cent YoY in Q3FY19 to reach Rs. 96.33 crore from Rs. 64.73 crore. However, the company reported a consolidated loss of Rs. 27.31 crore in Q3FY19 as compared to PAT of Rs 25.82 crore in Q3FY18. 

Balaji Telefilms Limited (BTL) is an India-based media and entertainment company engaged in the production of television content. The company operates through two segments: Commissioned Programmes and Feature Films. Its digital business consists of ALT Digital Media Entertainment Limited (ALT Digital), a video streaming platform that allows users to watch content on screens across devices. 

On Wednesday, the stock of Balaji Telefilms opened at Rs. 83.50 per share against Tuesday’s close of Rs. 82.90. At 12:38 hours, the shares were trading at Rs. 82.10 per share, down by 0.97 per cent. The intraday high was Rs. 83.50 and the intraday low was Rs. 80.55 per share on the BSE. Its 52-week high was Rs. 150.20 and 52-week low was Rs. 80.55 per share on the BSE. Meanwhile, BSE Sensex was at 36,258.25 level, up by 0.27 per cent. 


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