Next Radio reports 236% rise in PBT

Next Radio Ltd reported its Q4 ended and 2013-14 ended audited financials in the board meeting held on April 29.

Next Radio Ltd reported its Q4 ended and 2013-14 ended audited financials in the board meeting held on April 29.

Profit before tax grew 236%, from a loss of Rs 3.56cr in 2012-13 to a profit of Rs 4.86cr in 2013-14.

“We are PBT positive as a company for the first time improving our profit before tax by 236% from last year.

Our EBIDTA margin at 35.3% is in line with the best in the industry,” said Vineet S Hukmani, MD, Next Radio.

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