The management of Music Broadcast met investors and analysts on March 21st.
Apurva Purohit, Director of Music Broadcast said that they had seen mid-teen revenue growth post Diwali.
She further said that there was a cautious revival in economy and therefore, Pick-up was seen in government, real estate and banks, financial services & insurance (BFSI) advertising spending.
On acquisition front, she said “We will be looking at acquiring radio stations post March 31 deadline.”