See high ad revenue growth in Q4 due to elections: ENIL

According to Prashant Panday, radio industry is a high operating leverage industry, so any boost in revenue transfers will boost margin. The company will see high ad revenue growth in Q4 due to elections.

See strong Q4 earnings; may hike ad rates in Aug-Sept: ENIL

Entertainment Network India Limited‘s (ENIL) fourth quarter looks reasonably strong amidst challenging economic environment, says Prashant Panday, ED&CEO of the company. Advertising and media industry have done better than expectations, he says.

Expect over 10% revenue growth in FY13: ENIL

Entertainment Network India (ENIL) has declared its fourth quarter results. Prashant Panday, executive director and chief executive officer of ENIL targets more than 10% revenue growth in FY13. “As long as the market remains as it is, revenue growth will really come on the back of innovations,” he adds.

Amendments to Copyright Bill shocking: ENIL

News of amendments to the copyright bill has sent shock waves amongst radio companies. The changes that are being mooted may not be advantageous for the companies and Prashant Panday, Executive Director & CEO of ENIL says, they have been caught by surprise.

Radio Mirchi plans expansion; skeptic on phase-3 FM auction

Prashant Panday, CEO, Radio Mirchi was skeptical about the third phase of auctions for FM radio. Though Panday was nervous about demand being too strong, he was hopeful that common sense and the lessons of the second phase of auctions would prevail

See more subdued qtrs before ad spend stabilises: ENIL

Prashant Panday, executive director and chief executive of ENIL says that it is no surprise that the media industry has taken a tumble.

ENIL sees Q3 profits lower compared to Q2

Some news today indicated Entertainment Network (India) (ENIL) has been looking to enter into a strategic agreement or arrangement with Abu Dhabi Media Company. Prashant Panday also indicated that they have seen a good demand for Radio Mirchi in UAE. He also stated that the media industry has been badly hit by slowdown in Q3.

See no downside to volumes, but pricing key variable: ENIL

Executive director and chief executive officer, Prashant Panday said that Q2 is traditionally the worst quarter of the year, yet they managed to grow about 2%. He indicated that the Phase III bidding might begin from March-April in 2012. He sees no downside to volumes, but indicated that pricing will remains a key variable.

Foresee 35% EBITDA growth in FY12: ENIL

Prashant Panday, executive director & CEO of Entertainment Network India Limited (ENIL), in an exclusive interview with Sonia Shenoy and Mitali Mukherjee, said the radio industry benefited from cricket World Cup 2011 in fourth quarter.

26% FDI cap in FM radio nothing more than symbolic: ENIL

In an interview with CNBC-TV18, Prashant Pandey of ENIL said most radio companies have not exhausted the 20% limit. The sector, he said, is likely to see greater interest if the cap on foreign direct investment is increased to 26%.