Radio City Tunes into Growth: MBL's Q3 Success Story

Music Broadcast Limited, India's premier private FM radio broadcaster, reported significant financial growth for Q3FY25. The company saw an 8% revenue increase year-on-year and a 15% rise in EBITDA, driven by innovative solutions. Their digital business also achieved remarkable 53% growth, affirming their strategic focus on content creation and audience engagement.

Music Broadcast Limited, India's first private FM radio broadcaster, has announced impressive financial results for the quarter ending December 31, 2024. The company reported an 8% growth in revenue, reaching Rs. 65 crore, alongside a substantial 15% rise in EBITDA, totalling Rs. 18 crore.

In a statement, Director Shailesh Gupta highlighted the success of MBL's diverse strategies in maintaining a 19% market share. The firm's digital business exhibited a stellar 53% year-on-year growth, reflecting strategic content expansion and audience engagement efforts.

Radio City, a subsidiary of MBL, remains a top choice for advertisers, capturing 40% of the industry's client base. The broadcaster continually innovates, integrating digital advancements such as AI-driven RJ Sia and launching platforms like Muzartdisco, supporting independent artists.

(With inputs from agencies.)