MUMBAI – Bodhitree Multimedia Ltd. (BSE: BTML; NSE: BTML), an Indian content creation and media production company, has announced impressive financial results for the third quarter ending December 31, 2024. The company reported significant increases in revenue and profit, both on a consolidated and standalone basis.
Consolidated total revenue reached INR 50.47 crores, a 19.6% jump from INR 42.17 crores in the same period last year. Consolidated Profit Before Tax (PBT) rose by 9.9% to INR 4.31 crores, compared to INR 3.92 crores in Q3 2023. Profit After Tax (PAT) saw a substantial 22.2% increase, reaching INR 3.03 crores, up from INR 2.48 crores.
On a standalone basis, Bodhitree’s performance was even stronger. Revenue surged by 57.7% to INR 38.50 crores from INR 24.42 crores in Q3 2023. Standalone PBT nearly doubled, climbing 99.3% to INR 2.85 crores from INR 1.43 crores. Standalone PAT witnessed a remarkable 139.8% surge, reaching INR 1.99 crores compared to INR 0.83 crores in the corresponding quarter of the previous year.
Mautik Tolia, CEO of Bodhitree Multimedia, attributed the strong performance to the company’s focus on producing high-quality content and strategic industry partnerships. “We are extremely pleased with the growth we’ve achieved in Q3,” Tolia said. He highlighted the success of shows like “Gunaah” as a key driver of growth and reiterated the company’s commitment to expanding its reach, collaborating with top talent, and pushing the boundaries of storytelling. “Quality content is the cornerstone of long-term success,” Tolia emphasized, expressing confidence in the company’s future prospects.
