book your losses and exit its a company in deep trouble with high debt and poor quality management the financials are scary. how did you have the guts to buy this stock ?
IBN18 Broadcast Ltd. reported unaudited standalone & consolidated earnings results for the first quarter ended June 30, 2009. For the period, the company`s income from operations was INR 559.837 million against INR 415.511 million a year ago. Total income was INR 568.662 million against INR 425.180 million a year ago. EBITDA was INR 61.677 million against negative EBITDA of INR 103.690 million a year ago. Profit before tax & ESOP was INR 180.136 million against loss before tax & ESOP of INR 175.527 million a year ago. Profit after tax was INR 169.415 million against loss after tax of INR 181.925 million a year ago.
hence, i request you to share more info on ur comment.