Entertainment Network India (ENIL) reported a weak set of numbers. In an interview to CNBC-TV18, Prashant Panday, MD & CEO of the company discussed company's Q1 performance.
Panday said core station growth for radio companies has de-grown.
On business front, he said expansion has led to increase in employee costs.
ENIL took a 10-12 percent increase in pricing in Q1 of FY18.
He expects to do revenue of Rs 600 crore in FY18.
He also expects business to bounce back from September.
Watch accompanying video for more details.
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