Music Broadcast Ltd 2021 AR2
The report highlights Music Broadcast Limited's performance and initiatives for the fiscal year 2020-2021. Despite the severe economic impact of the COVID-19 pandemic, which led to a 48.51% decline in revenue from operations, the company maintained its leadership with a 21% volume market share. The company successfully implemented cost-rationalization measures, saving up to 52 crores INR annually, and expanded its digital presence through regional social media pages and exclusive content partnerships with Spotify. Additionally, the company demonstrated its commitment to social responsibility through community initiatives like 'City Ki Techshala' and environmental campaigns such as the '#O2Movement' plantation drive in Delhi.
Company: Music Broadcast Ltd
Sector: Media & publishing
Country: India
Year: 2021
Type: AR2
Pages: 164
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Music Broadcast Ltd
Annual Report
The report highlights Music Broadcast Limited's performance and initiatives for the fiscal year 2020-2021. Despite the severe economic impact of the COVID-19 pandemic, which led to a 48.51% decline in revenue from operations, the company maintained its leadership with a 21% volume market share. The company successfully implemented cost-rationalization measures, saving up to 52 crores INR annually, and expanded its digital presence through regional social media pages and exclusive content partnerships with Spotify. Additionally, the company demonstrated its commitment to social responsibility through community initiatives like 'City Ki Techshala' and environmental campaigns such as the '#O2Movement' plantation drive in Delhi.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees