Mediaone Global Entertainment Q1 Results Net Profit Reaches ₹377.11 Lakhs with a Profit Before Tax of ₹535.20 Lakhs

In the first quarter of the financial year 2024-2025, Mediaone Global Entertainment reported impressive financial results. The company's total income from operations reached ₹2,202.40 lakhs, a significant increase compared to the previous quarter.

This growth is attributed to the company’s diverse activities in film production, distribution, and exhibition.  Despite the increase in income, Mediaone's total expenses for the quarter amounted to ₹1,667.20 lakhs. This rise in expenses was managed effectively, resulting in a healthy profit before tax of ₹535.20 lakhs.

The net profit for the quarter stood at ₹377.11 lakhs, reflecting the company's solid financial performance and operational efficiency.  This is a notable improvement from the loss reported in the previous quarter.

Mediaone's strong performance this quarter highlights its successful expansion and strategic management in the media and entertainment sector. As the company moves forward, its focus on delivering quality content and maintaining financial stability will be key to sustaining this positive trend.

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Mediaone Global Entertainment Q1 Results 2024 - 2025

Here is a summary of Mediaone Global Entertainment's Q1 results for the 2024-2025 financial year:

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Mediaone Global Entertainment Current Market Overview

Mediaone Global Entertainment is currently trading at ₹39.5 per share, with a market cap of ₹58.1 crore. As of August 16, 2024, the stock has seen a minor decline of 0.38%. The shares have ranged from a high of ₹62.7 to a low of ₹33.0 recently.

The company's price-to-earnings ratio is 9.94, but it does not offer a dividend yield. The book value of the stock is negative at ₹-21.0, and the face value is ₹10.0. Overall, while Mediaone Global Entertainment remains active in the media sector, its stock performance reflects some volatility and challenges in its financial metrics.

Quarterly Results

Here is a summary of Mediaone Global Entertainment's quarterly results for the recent quarters:

The following table outlines the financial performance of Mediaone Global Entertainment for the quarters ending December 2023, March 2024, and June 2024:

About Mediaone Global Entertainment

Mediaone Global Entertainment is a prominent media and entertainment company that is involved in various aspects of the industry. They specialize in film production, television serials, and web series, and also manage an over-the-top (OTT) channel.

The company is active in film exhibition, distribution, marketing, and acquisition. Over the years, Mediaone Global Entertainment has produced more than 40 films in languages like Tamil, Hindi, and English, and has distributed over 100 Hollywood and Indian films.

Their diverse portfolio and expertise in media make them a significant player in the entertainment sector.