Radio City reports a Robust Q3FY25: PAT Grows by 27% to Rs. 6 Cr; Revenue Grows by 8% to Rs. 65 Cr; EBITDA Grows by 15% to Rs. 18 Cr
Music
Broadcast
Limited
(MBL),
India’s
1st
Private
FM
Radio
Broadcaster,
has
reported
its
Financial
Results
for
the
quarter
ended
December
31,
2024.
Key
Highlights
–
Q3FY25:
-
Adjusted
PAT
at
Rs.
6
Crore;
27%
Growth
YOY -
Revenue
of
Rs.
65
Crore;
8%
Growth
YOY -
EBITDA
at
Rs.
18
Crore;
15%
Growth
YOY
Commenting
on
the
results
Mr.
Shailesh
Gupta,
Director,
Music
Broadcast
Limited
(MBL),
said, “I
am
delighted
to
share
our
company’s
performance
for
Q3
&
9MFY25.
For
the
quarter,
revenue
grew
8%
YoY
to
Rs.
65
crores,
while
EBITDA
growth
outperformed
topline
growth
and
surged
15%
to
Rs.
18
crores
on
the
back
of
innovative
solutions
and
integrated
offerings
created
for
clients.
Over
the
nine-month
period,
revenue
increased
by
8%
YoY
to
Rs.
180
crores,
with
EBITDA
rising
7%
to
Rs.
43
crores
with
an
EBITDA
margin
of
24%.
We
successfully
maintained
our
19%
market
share,
reflecting
the
trust
that
our
customers
place
in
us,
and
we
continue
to
our
commitment
on
executing
diverse
strategies
that
strengthen
our
position
in
the
radio
industry.
Our
digital
business
has
achieved
an
impressive
53%
year-on-year
growth,
highlighting
our
strategic
emphasis
on
content
creation,
distribution,
and
audience
engagement.
This
strong
performance
positions
us
well
to
navigate
and
capitalize
on
the
evolving
media
landscape.
We
are
proud
that
Radio
City
remains
the
preferred
choice
for
advertisers,
with
40%
of
the
industry’s
client
base
choosing
our
platform.
Additionally,
33%
of
newly
acquired
clients
in
the
radio
sector
have
opted
for
Radio
City
for
their
advertising
needs.
This
achievement
highlights
the
strength
of
our
brand
and
the
effectiveness
of
our
marketing
strategies
in
delivering
exceptional
value.
As
we
look
ahead,
we
remain
committed
to
driving
sustainable
growth
and
creating
value
for
our
stakeholders.
Our
focus
on
innovation
and
agility
will
enable
us
to
seize
emerging
opportunities
and
navigate
challenges
in
this
dynamic
landscape.”
About
Music
Broadcast
Limited
Radio
City,
a
subsidiary
of
Jagran
Prakashan
Ltd.
under
Music
Broadcast
Limited
(MBL),
is
India’s
first
private
FM
radio
broadcaster
with
over
two
decades
of
experience.
With
39
stations
across
12
states
and
1
Union
Territory,
Radio
City
reaches
62%
of
India’s
FM
population,
engaging
69
million
weekly
listeners
(Source:
AZ
Research
2019).
Its
digital
presence
extends
through
www.radiocity.in.
Driven
by
its
brand
philosophy
“Rag
Rag
Mein
Daude
City,”
Radio
City
has
pioneered
unique
and
impactful
content
that
resonates
with
city
pride.
The
launch
of
#CityKiNayiVibe
aims
to
connect
with
Gen
Z
through
a
fresh,
modern
sound.
Popular
IPs
like
‘Babber
Sher,’
‘Joke
Studio,’
and
‘Love
Guru’
have
become
listener
favourites.
The
station
also
champions
independent
music
with
the
‘Radio
City
Freedom
Awards’
and
provides
a
platform
for
emerging
talent
through
‘Radio
City
Super
Singer,’
the
first
radio
singing
talent
hunt,
ongoing
for
16
years.
Additionally,
‘Radio
City
Business
Titans’
was
introduced
in
2022
to
honour
excellence
in
Indian
businesses.
Radio
City
has
embraced
‘Radigitalization,’
integrating
radio
with
digital
technology
for
a
seamless
experience.
This
includes
AI-driven
RJ
Sia,
who
offers
personalized,
dynamic
content,
and
RC
Studio,
a
24/7
video
channel
that
blends
video
and
audio,
expanding
Radio
City’s
reach
and
engagement.
Radio
City
launched
Muzartdisco,
India’s
first
one-stop
platform
empowering
independent
artists
with
360-degree
career
opportunities
and
global
visibility,
while
also
introduced
SMINCO.in,
an
automated
influencer
marketing
platform
redefining
digital
brand
engagement.
Radio
City
has
earned
over
217
awards
from
prestigious
platforms
such
as
New
York
Festivals,
ACEF
Global,
and
India
Radio
Forum.
In
2022,
Music
Broadcast
Limited
received
‘India’s
Best
Company
of
the
Year
2022’
from
Berkshire
Media.
Radio
City
has
consistently
ranked
as
a
top
workplace
in
the
Great
Place
To
Work
survey.
In
2024,
it
was
named
the
7th
Best
Workplace
in
India
and
the
Best
Workplace
for
Millennials,
while
ranking
33rd
in
Asia
and
1st
in
the
Media
sector.
Previously,
Radio
City
was
recognized
among
India’s
Top
75
Workplaces
for
Women
in
2019
and
achieved
4th
place
for
Best
Large
Workplaces
in
Asia
in
2020.
Known
for
its
vibrant
culture,
Radio
City
embodies
trust,
pride,
and
camaraderie,
offering
an
exceptional
workplace
experience
for
all
employees.