Star India reports Rs 1,216-cr loss in FY19

The company followed a ‘conservative accounting principle’ and booked expenses of Rs 4,000 crore on the Indian Premier League (IPL) during the fiscal under review. Star India suffered losses despite a 35% increase in revenues during the year.

from Entertainment-Media/Entertainment-Industry-Economic Times https://ift.tt/2OQJDW3

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