MUMBAI: BAG Films radio business housed under Dhamaal24, has posted operating profit for the first time in both, full fiscal and quarter ended 31 March 2011.
For the full fiscal, income from Dhamaal24 has jumped to Rs 107.47 million, as against an income of Rs 40.66 million in the previous fiscal. Segment profit stood at Rs 49.24 million, as against a loss of Rs 17.42 million in FY'10.
Meanwhile, during the fourth-quarter of the fiscal, Dhamaal24 has posted segment profit of Rs 12.92 million over a revenue of Rs 25.14 million.
In the corresponding quarter of the previous fiscal, the company had posted an operating loss of Rs 8.74 million on an income of Rs 8.13 million.