Balaji Telefilms Ltd Share Price – NSE /  BSE

Entertainment, Small Cap

Balaji Telefilms announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 11 January 2025.

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Balaji Telefilms will hold a meeting of the Board of Directors of the Company on 19 December 2024.

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The company will consider the proposal for raising of funds, by way of issue of specified securities through preferential issue, private placement or such other permissible method as may be decided by the Board, or any combination thereof, and to approve ancillary actions for the above-mentioned fund raising, subject to such statutory/regulatory approvals as may be necessary, including the approval of the shareholders of the company.

Balaji Telefilms in television content in India particularly for Hindi language content and has also successfully ventured in the regional television content market and event business. The Company is also in the business of production of films. The registered office and principal place of business of the Company

The company’s consolidated net profit tumbled 52.2% to Rs 5.66 crore on 27.6% decline in net sales to Rs 144.42 crore in Q2 FY25 over Q2 FY24.

The counter rallied 13.70% to settle at Rs 94.35 on Monday, 16 December 2024.

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Net profit of Balaji Telefilms declined 52.20% to Rs 5.66 crore in the quarter ended September 2024 as against Rs 11.84 crore during the previous quarter ended September 2023. Sales declined 27.63% to Rs 144.42 crore in the quarter ended September 2024 as against Rs 199.55 crore during the previous quarter ended September 2023.

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