Strong content push buoys Bodhi Tree Multimedia’s massive FY24 Revenue growth by 50 %; EBITDA margin at 14.23%
Bodhi Tree Multimedia Limited (BTML) today announced its financial results for the fiscal year ended March 31, 2024.
Its consolidated revenues saw a massive spike of growth of 50% - from Rs 42.82 crore in FY2023 to Rs 64.09 crore in FY2024. The Company’s Profit after tax (PAT) also witnessed a steady growth of 9% in FY2024, reaching Rs 3.73 crore, compared to Rs 3.25 crore in FY 2023, on the back of significantly increased content production in FY2024.
Standalone revenues for FY2024 stood at Rs 37.36 crore. Operating expenses saw a 14% fall to Rs 32.04 crore in FY2024 from Rs 37.48 crore in the previous fiscal. EBITDA margin reported at 14.23%, as against 12.45% in FY2023.
Bodhi Tree Multimedia recorded a remarkable 40% increase year-over-year in its content volume in FY2024, exce...
