ENIL Q1 Review - Core Solutions, Digital Business Under Lens: Prabhudas Lilladher

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Prabhudas Lilladher Report.Entertainment Network India Ltd.’s operational performance (Ebitda loss of Rs 187 million) was marred by second wave as recovery process was delayed since radio is an 'AND' medium of advertising. Further, ad-volumes in high yield markets are still at sub-optimal levels which can prolong the recovery. While there are headwinds in radio segment as price recovery is a long drawn process, management sounded upbeat on the core solutions and digital business which is expected to form ~50% of the top-line in coming years. ENIL’s business is likely to evolve in future with reduced dependence on core radio business (~57% share in FY21) given renewed focus on digital solutions (~12.5% of sales in Q1) apart from core non-free commercial time offerings. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ENIL Q1 Review - Core Solutions, Digital Business Under Lens: Prabhudas Lilladher

ENIL Q1 Review - Core Solutions, Digital Business Under Lens: Prabhudas Lilladher

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