Cinerad Communications Q1 Results Reports Loss Per Share with Revenue of 2.74 Lakhs

Cinerad Communications reported its financial performance for the first quarter ending on June 30, 2024. The company made very little money from its main operations, earning only 2.71 lakhs. Other income, which includes things like interest, was just 0.03 lakhs. Adding these together, the total income was 2.74 lakhs.

However, the company had high expenses. They spent 24.48 lakhs on employee salaries and 8.29 lakhs on advertisements. They also paid various fees, including 3.00 lakhs for BSE approval and 3.75 lakhs for listing fees. In total, their expenses were 83.35 lakhs.

Because their expenses were much higher than their income, the company lost 80.61 lakhs before taxes. After accounting for a small tax expense, the total loss for the quarter was 80.68 lakhs. The company’s earnings per share were -0.42 rupees, meaning they lost 0.42 rupees for each share of stock.

Source: Here

Cinerad Communications Q1 Results 2024-2025

Cinerad Communications earned very little from their main activities and other sources of income. Their total income was 2.74 lakhs. They spent a lot on salaries, advertisements, and other fees, totaling 83.35 lakhs. This caused a big loss of 80.68 lakhs. 

Quarterly Results

Cinerad Communications had very low sales (0.73 Crores) and high expenses (16.25 Crores), resulting in a big loss. By June 2024, sales increased to 3.05 Crores, and expenses decreased to 3.82 Crores, reducing the loss. The profit margin was very negative in March but improved in June. 

Here’s the Quarterly Results: 

Cinerad Communications 

Cinerad Communications is a company that leads in the field of analytics. They help businesses make better decisions by using data. The company’s team includes skilled professionals and data scientists who use advanced technologies like artificial intelligence (AI), machine learning, and cloud computing. These technologies help them provide various services to their clients.

Cinerad Communications offers several services, including data engineering, which involves designing and managing data systems; business analytics, which helps companies understand their data to make better decisions; and advanced predictive analytics, which forecasts future trends based on data. They also help with digital transformation, which means updating and improving a company's technology and processes to keep up with the digital world.

Cinerad provides training programs to help employees learn more about data analytics and IT solutions. They believe that data can greatly improve businesses and are dedicated to helping their clients achieve their best results. Over the years, Cinerad has built strong partnerships with top technology companies and has worked with many clients, assisting them in handling the challenges of the digital age and making the most out of their data.