Silly Monks turnover up by 181%

Silly Monks turnover up by 181%

Hot News Text
1 min read
Silly Monks turnover up by 181%
Hindi Female

The Quint DAILY

For impactful stories you just can’t miss

By subscribing you agree to our Privacy Policy

Hyderabad, May 31 (IANS) Silly Monks Entertainment ltd (SMEl), listed in National Stock Exchange of India ltd, on Wednesday reported a standalone growth of 181 per cent with a turnover of Rs 8.50 crore in FY 17-18.
The Hyderabad-based company had reported turnover of Rs 3.02 crore in FY 16-17. Its profit also grew by 215 per cent to Rs 1.18 crore in FY 17-18 over Rs. 37.3 lakh in the previous year.
On consolidated front, the company announced a growth of 31 per cent over last year with a turnover of Rs 15.76 crore in FY 17-18 in comparison to Rs 12 crore in FY 16-17. The consolidated profit grew by 34 per cent to Rs 2.12 crore against Rs 1.58 crore in FY 16-17.
"Our USP has played a big role in our performance- that is to carve out a Digital Media niche besides creating unique content across digital platforms and traditional media," said SMEl Managing Director Sanjay Reddy.
The company is associated with some of the biggest names in digital property management, OTT platforms, social media, movies and music. They include Amazon Prime Video, YouTube, Yahoo, Yupp TV, Viu, Spuul, Hungama, Facebook, Idea and Zee5.

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)

(The Quint is available on Telegram. For handpicked stories every day, subscribe to us on Telegram)

We'll get through this! Meanwhile, here's all you need to know about the Coronavirus outbreak to keep yourself safe, informed, and updated.

Liked this story? We'll send you more. Subscribe to The Quint's newsletter and get selected stories delivered to your inbox every day. Click to get started.

The Quint is available on Telegram & WhatsApp too, click to join.

Read Latest News and Breaking News at The Quint, browse for more from hotwire-text

Topics:  ians 

Speaking truth to power requires allies like you.
Become a Member
3 months
12 months
12 months
Check Member Benefits
Read More