Synopsis:

Radiowalla Network nosdived sharply after the company reported a disappointing second quarter. The company saw a 7% decline in revenue to Rs 10.07 crore, while expenses were reduced by 6% to Rs 9.33 crore. Net profit increased by 18% to Rs 40 lakh.

The shares of this leading digital advertising solutions provider, also held by ace investor Ashish Kacholia, are in focus after it reported weak Q2 results. In this article, we will dive more into its financial performance.

With a market capitalization of Rs 44.4 crore, the shares of Radiowalla Network Ltd reached a day’s low of Rs 62 per share, down 14 percent from its previous day’s closing price of Rs 72 per share. In the last one year, the stock has corrected by over 48 percent, underperforming NIFTY 50’s positive return of

See Full Page