MUMBAI: Dhamaal 24 – the radio venture by B.A.G Network, saw a jump in the first-quarter revenue to Rs 11.03 million compared to Rs 6.43 million a year ago.
The operating loss on the radio segment decreased to Rs 3.01 million, as against Rs 6.79 in the earlier year.
B.A.G Network’ audio visual production segment, Studio 24, posted an operational loss of just Rs 90,000, as against a loss of Rs 2.02 million. Revenue stood at Rs 55.85 million, up from Rs 47.48 million a year ago.
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BAG Films’ consolidated net loss stood at Rs 118.54 million for the quarter that ended 30 June, down 20.05 per cent from Rs 148.26 million it reported in the corresponding quarter of the previous fiscal.
