RBNL posts standalone revenue of INR 141 Cr

Reliance Broadcast Network Ltd, closed the quarter ending March 2011. The company, which has stakes across the businesses of radio, television, out of home and Intellectual Property, announced its results on the back of strong growth in its radio operations which remained EBIT positive.

The board of directors of the Company decided to close the books of accounts as on March 31, 2011 and accordingly to restrict the current

revenue grew by 30% compared to last year and the radio operations in singularity recorded 25% growth this year. Radio remains EBITDA

a remarkable 240% to Rs. 15 Cr on the back of 8 properties and OOH business posted a robust 15% growth sales performance driven by

and Bollywood' through its unique offering "TVS Tyres Bollywood Ka World Cup', across its 45 stations. Moreover 92.7 BIG FM and BBC Radio

regional television space with the launch of BIG MAGIC, India's first entertainment channel exclusively for the core Hindi heartland of UP,

train wrap for PEPSI as part of its World Cup campaign, at the Delhi Airport Metro Express The business commercially launched the sleek, interactive and motion capable digital pods across the DMRC Stations and key malls in Delhi.

Commenting on the performance, Tarun Katial, Chief Executive Officer, Reliance Broadcast Network Limited, said, "Our radio business is at a

entered the television business with a strategy of targeting the top end audiences in metros & mass audiences in central India, while seamlessly integrating with our other business verticals. Our media offerings across the verticals of out of home and intellectual properties too, have further strengthened, creating an integrated and comprehensive offering from RBNL for customers, while continuing to creating value for shareholders."