Profit before tax jumped 24% to Rs 62 crore in Q3 FY24 from Rs 50 crore in Q3 FY23. Total expenses fell 3.42% YoY to Rs 260.96 crore in the quarter ended 31 December 2023.
EBITDA jumped 9% to Rs 41 crore in the quarter ended December 2023 as compared to Rs 37 crore posted in the same quarter previous year. EBITDA margin improved to 15% in Q3 FY24 as against 14% in Q3 FY23.
The company's revenue from cable distribution network business stood at Rs 264.80 crore (down 0.81% YoY) while its revenue from broadband business was at Rs 8.13 crore (down 18.06% YoY) during the period under review.
During the quarter, revenue from subscription fell 10.19% YoY to Rs 141 crore while content cost jumped 5% YoY to Rs 154 crore.
As on 31 December 2023, cash and cash equivalents stood at Rs...
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