Decline in the Revenues:- The revenue of the company has shown a degrowth in FY23. In FY23, company showed a degrowth of -9.4% from Rs 210.4 Cr in FY22 to Rs 190.6 Cr in FY23
Downturn in the Profitability:- In FY23 the Profit After Tax (PAT) of the company decline by 94.0% majorly due to decline in the revenues of the company and an increase in the employee benefit expense of the company. In FY23, the PAT of the company reduced from Rs 35.4 Cr in FY22 to Rs 2.1 Cr in FY23
Debt-Free Company:- Money Control is a debt-free company giving strengthening its Balance Sheet
Cash Rich Company:- Company is a cash rich keeping in mind the status of being a Debt-Free company. In FY23, the company has a total of Rs 35.6 Cr as Cash and Investments which further strengthen the Balance Sheet of the company
Connection with Renowned Reliance Group:- Company is subsidiary of Network18 Media & Investments Limited which is in turn is a subsidiary of Reliance Industries
Quantity
Invest
, Min. Investment: ₹