Saavn Records Profit in 2017
RIL-owned music streaming app Saavn has recorded 3X surge in profit in the fiscal year ending December 2017. It has posted a revenue of Rs 45.9 crore in the FY17 (Jan to Dec), reveals RoC filings. The Indian entity of the company has recorded a profit (after tax) of Rs 3.22 crore as compared to 1.08 crore in CY16. Despite…
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