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Star India reports 30% jump in revenues for FY 2018/19

Star India Private Limited has reported a 30 per cent jump in its total revenues for the 2018/19 financial year.

Exchange4Media reports financial data accessed by business intelligence platform Tofler, with an increase to Rs. 11,956 crore, compared to Rs. 9199 crores in FY 2018.

Star India has reported a net loss of Rs. 636 crore during the same fiscal and its total expenses stood at Rs. 12,930 crore.

Hotstar’s parent company, Novi Digital Entertainments last week posted operating revenue of Rs. 1112.70 crore for FY 2019, a jump of 95% from the previous financial year.