Radio Metropolis has incurred a internet lack of Rs 2 crore in Q2FY25. It had reported a internet revenue of Rs 36.62 lakh in Q2FY24. It has reported a income of Rs 55 crore, witnessing a 4.5% YoY development.
In its regulatory submitting, Radio Metropolis revealed that it has maintained its market share at 19%.
“We’re proud to be the popular alternative for advertisers, with 38% of the business’s shopper base selecting Radio Metropolis and 30% of recent purchasers choosing our platform. This displays the power of our model and the effectiveness of our advertising and marketing initiatives,” stated Shailesh Gupta, Director, Radio Metropolis.
Gupta talked about {that a} vital a part of its technique entails investing in digital initiatives. It has made substantial strides on this space, together with the launch of a 24×7 video channel for a radio station on Jio TV.
“Our digital enterprise has achieved outstanding development of 33% year-on-year, underscoring our deal with content material creation, distribution, and viewers engagement. This development positions us nicely as we adapt to the evolving media panorama,” he stated.
Radio Metropolis, part of Music Broadcast Restricted (MBL), is a subsidiary of Jagran Prakashan.
Written with the View : afaqs