DDB Mudra’s financial results for the year ended March 31, 2022 shows that the company’s consolidated total revenue stood at Rs 325 crore with a drop of 30.41 pc compared to Rs 467 crore recorded in the previous fiscal.
The net profit increased by 6.25 pc to Rs 17 crore in FY21 compared to Rs 16 crore in FY20. Total expenses dropped by 32.06 pc to Rs 303 crore compared to Rs 446 crore in FY20.
The revenue from advertising publicity including income from advertising service and commission, dropped by 25.51 pc to Rs 184 crore in FY21 compared to Rs 247 crore in previous fiscal. The company’s revenue from other services, including income from events and other services, stood at Rs 1.03 crore in FY21 against Rs 2.84 crore in FY20.
The company’s media placement costs have aggregated to Rs 548 crore in FY21 against Rs 541 crore in previous fiscal. The total employee benefit expense stood at Rs 81.24 crore for FY21 compared to Rs 114 crore in FY20.
