Comments
The board of Music Broadcast on Monday approved a bonus issue in the ratio 1:4 (one bonus share for every four held in the company) as on the record date (to be decided in due course).
The company reported total sales of ₹73.80 crore for the quarter ended December 2019, against ₹91.48 crore in the same period last year. Its net profit, too, declined at ₹10.18 crore (₹16.38 crore). Shares of Music Broadcast closed 0.36 per cent higher at ₹27.95 on the BSE.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.