Entertainment Network India (ENIL) announced today that with effect from 9.30 a.m. on Feb. 16, 2008, the company commenced broadcast from its radio station at Jabalpur. With launch of this station, the company has achieved one more important milestone in its operations. The company has operationalized all the stations for licenses granted to it under the FM Radio Broadcasting Phase II through Private Agencies (Phase II policy) of the Ministry of Information & Broadcasting.The company posted a 35.05% decline in net profit at Rs 80.54 million for the quarter end December 2007 as compared to Rs 124.00 million for the quarter ended December 2006. ENIL is the largest private FM radio broadcaster in India, based on the number of operating stations and listeners.It operates FM radio broadcasting stations through the brand `Radio Mirchi` in seven Indian cities. It is the only company with private FM radio stations in all four metropolitan cities of Delhi, Mumbai, Chennai and Kolkatta.
http://www.myiris.com/newsCentre/newsPopup.php?fileR=20080219190311094&dir=2008/02/19&secID=livenews
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