Radio Mirchi posts Q1 results: Reports revenue of Rs 37 crore as radio industry suffers from Covid-19 blow

Mumbai: Entertainment Network (India) Ltd (ENIL), a Times Group company and operator of India’s leading FM radio channel Radio Mirchi, has posted standalone operating revenues of Rs 37 crore during the quarter ended June 30, 2020, even as the entire industry was hit hard due a crash in advertising spends by cash-choked corporates.

ENIL’s total income from operations stood at Rs 131.57 crore in the corresponding quarter of the previous fiscal.