Entertainment Network India Limited (ENIL)

[realist]

Please refer my post on ENIL as a Dead Companies walking in the thread.

Dead Companies Walking in Indian Context

Dead Companies Walking - Entertainment Network (India) Ltd Entertainment Network India Limited (ENIL) has been on a concerning trajectory of negative profit growth over the past few years. In FY2016, ENIL posted a net profit of ₹109 crores. However, this figure dwindled to ₹11 crores FY2020 and in FY2022, it dropped to a net loss of ₹36 crore. The company’s margin for the corresponding period has decreased from 31% to 16%. To gain a deeper insight into this trend, let’s delve further into the c…