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  • Expect biz to bounce back from September; will do revenue of Rs 600cr in FY18: ENIL

    Entertainment Network India (ENIL) reported a weak set of numbers. In an interview to CNBC-TV18, Prashant Panday, MD & CEO of the company discussed the company's Q1 performance.

  • Will transform into an audio-video company in next 5 years: ENIL

    Will transform into an audio-video company in next 5 years: ENIL

    In an interview to CNBC-TV18, Prashant Panday, MD and CEO of ENIL spoke about the latest happenings in his company and sector. Pandey expects the next five years to be better for radio. He sees radio industry growing at 17-20 percent in the next five years.

  • Addition of Radio City a welcome move in radio space, says ENIL

    Addition of Radio City a welcome move in radio space, says ENIL

    In an interview to CNBC-TV18, Prashant Panday, MD & CEO of ENIL said the addition of Radio City would be a welcome move in the radio space.

  • See demonetisation impact of 5-10% in Q4: ENIL

    See demonetisation impact of 5-10% in Q4: ENIL

    Entertainment Network (India) Ltd (ENIL) reported its quarterly results for the quarter ended December 2016. The earnings result was a broad miss on the consensus. Though the company scaled up on its operations, its bottom-line got hurt in the process.

  • Demonetisation has hit revenues by 10%, says ENIL chief

    Demonetisation has hit revenues by 10%, says ENIL chief

    Speaking to CNBC-TV18 Prashant Pandey, MD & CEO ENIL said that impact has been severe. The hit on revenues has been around 10 percent, he said. He added that the media industry is expecting a turbulent December.

  • English print growth around 2%, Hindi print at 10%: ENIL

    English print growth around 2%, Hindi print at 10%: ENIL

    The biggest advertiser across ENIL's TV and radio business is the Central Government, says Prashant Panday, Managing Director and Chief Executive Officer, ENIL. Government ads contributed to around 12 percent to ENIL's total revenue last fiscal.

  • Hope to see recovery in activations business in Q2: ENIL

    Hope to see recovery in activations business in Q2: ENIL

    Revenue growth of the company is subdued due to weak activations business. "The non-radio business is very dependent on on-ground stuff and this time the rains have affected it," Prashant Panday, MD & CEO of ENIL said. He expects to see recovery in activations business in Q2.

  • Expansion to lead to 20% radio biz growth by FY18: ENIL

    Expansion to lead to 20% radio biz growth by FY18: ENIL

    The company's margins had witnessed a decline in the fourth quarter of FY16 because of a 30 percent increase in its marketing costs. Panday says the marketing costs will continue to bog down margins for another few months due to introduction of second frequencies in various cities.

  • Hope to be debt free by FY17: ENIL

    Hope to be debt free by FY17: ENIL

    Speaking to CNBC-TV18, Prashant Panday, MD and CEO of ENIL said that the company is benefitting from increased e-commerce advertising and hopes to be debt free by FY17.

  • New radio stations to strengthen presence in North: ENIL

    New radio stations to strengthen presence in North: ENIL

    Entertainment Network India Limited (ENIL), the operator of Radio Mirchi FM channel has received approval from the information and broadcasting ministry for buying 4 radio stations of TV Today Network , which owns 104.8 FM Oye.

  • May repeat FY15 PAT growth next year too: ENIL

    May repeat FY15 PAT growth next year too: ENIL

    Speaking to CNBC-TV18 Prashant Panday, MD & CEO, ENIL says the company‘s revenue has risen about 13-13.5 percent and not 8.8 percent as has been reported.

  • TRAI's recos regarding new reserve price unviable: ENIL

    TRAI's recos regarding new reserve price unviable: ENIL

    ENIL would spent around Rs 500-800 crore to participate in the phase III auctions for both existing and new cities, and Rs 100 crore of capex, adds Prashant Panday, managing director of the company.

  • Q3 is busiest quarter, may see a dip in Q4 numbers: ENIL

    Q3 is busiest quarter, may see a dip in Q4 numbers: ENIL

    Entertainment Network India (ENIL) has posted good set of numbers in its third quarter with net profit rising 27 percent and net sales increasing 19 percent.

  • Phase III spectrum bidding to be aggressive: ENIL

    Phase III spectrum bidding to be aggressive: ENIL

    Prashant Panday, managing director, Entertainment Network India Limited, says the bidding for the phase III spectrum acution is likely to be very aggressive due to limited frequencies being available.

  • See advertisers favour radio; ad rate premium rising: ENIL

    See advertisers favour radio; ad rate premium rising: ENIL

    There is a lot of headroom for growth in advertising premium for radio believes Prahsan Panday of ENIL because radio has seen a lot of growth from e-commerce, auto sector, retail and FMCG.

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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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%.

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