Cost-cutting doubled out profits: Radio Mirchi
Prashant Panday, ED & CEO of ENIL, tight focus on costs led to the company doubling its net profit to Rs 9.7 crore for the quarter ended June 30, 2011, against a profit of Rs 4.3 crore in the corresponding period last year, a jump of 124 per cent. He adds that clients are deferring ad spends.
