MAM
Digital products drive Mirchi’s 30% sequential revenue growth in Q2
MUMBAI: Entertainment Network (India) Ltd, FM radio channel Radio Mirchi, announced results for the quarter ended 30 September 2020.
The company reported 30 per cent sequential revenue growth to Rs 47.0 crores in the second quarter, led by core radio which grew by 132 per cent and digital products which grew by 67 per cent. The company’s solutions business, which includes digital, accounted for 27 per cent of Q2 revenues, with gross margins of 53 per cent. Compared to a year ago however, revenues were down 59 per cent on account of Covid2019.
The company cut costs drastically during the quarter. Direct variable costs (DVC), related toon-ground events and activations, fell by 63 per cent. Overall operating costs, including DVC reduced by 35 per cent over the same quarter last year.
EBITDA loss during the quarter was Rs 6.2 crores, lower than the Rs 26 crores in the June quarter.Net loss for the quarter was Rs 23.7 crores, lower than the Rs 36.6 crores in June quarter. Balance sheet remains strong with cash reserves of Rs 240.8crores as on 30 September 2020.
ENIL MD & CEO Prashant Panday said, “With the lockdowns gradually lifting in the second quarter, we saw a strong sequential growth in overall revenues during the period. The festive season of the year has begun with gusto and we see revenue performance improving further in the second half. Smart cost management will see strong positive EBITDA in the second half, with a likelihood of positive growth of last year. We remain confident about all our products –radio, solutions and digital in the months to come”.
When you plan to buy medical insurance for your family, the first question is often about savings. You may assume that buying online automatically means paying less, but that is only part of the picture. The real issue is not just whether the premium looks lower, but whether the policy gives you suitable family health insurance without adding avoidable costs later.
Buying online can sometimes appear more budget-friendly because you can compare plans, review features, and complete the process without depending entirely on offline assistance.
Still, a lower visible price does not always mean better value. To understand whether you can truly save more, you need to look at the full buying experience and the policy terms together.
Why Online Purchase Can Look More Economical
When you explore family health insurance online, you usually get access to plan details in a more direct and organised way. This can make the buying journey feel simpler and more transparent.
A few reasons online purchases may seem cost-effective include:
● Easier comparison of policy features
● Direct access to premium details
● The ability to review inclusions and exclusions at your own pace
● Fewer chances of making a rushed decision
● More control over the plan selection process
This does not mean every online option is automatically cheaper. It simply means the online route may help you assess choices more carefully, and that itself can influence how much value you get from the policy you choose.
Saving Money is Not Only About a Lower Premium
A lower premium often catches your attention first, but that should not be the only measure of savings. If you buy medical insurance based only on what looks affordable at the start, you may overlook conditions that matter later.
A family health insurance policy should be judged on overall value, including:
● The scope of cover
● Waiting period terms
● Exclusions
● Room eligibility conditions
● Sub-limits, if any
● Claim-related terms
● Renewal conditions
If the premium is lower but the policy has stricter internal conditions, the apparent saving may not feel meaningful when you actually need hospitalisation support.
So, the better question is not only whether online purchase costs less, but whether it helps you select a plan that remains financially sensible over time.
Comparing Plans Online Can Prevent Overspending
One clear advantage of the online route is that it allows you to compare different options without pressure. This can help you avoid paying for features you may not need or missing features that matter for your family.
Before you buy medical insurance online, look closely at:
● Who can be covered under the plan
● How the sum insured works for the family
● Whether day care procedures are included
● How pre-existing illness rules are explained
● Whether add-ons are optional or built in
● How clearly the policy wording is presented
This level of comparison can support better decision-making. In many cases, savings come not only from the premium itself but from choosing a policy with fewer surprises.
Online Discounts Should be Viewed Carefully
Online discounts can make a plan look attractive, but they should always be read alongside the policy details. A discount may reduce the upfront cost, yet the true worth of the policy depends on what it covers and how it responds during a claim.
When reviewing discounted online plans, check whether the policy has:
● Treatment-specific limits
● Room rent restrictions
● Co-payment clauses
● Disease-wise waiting periods
● Claim deductions linked to the hospital category
● Limited cover for selected benefits
These points are important because a policy that looks cheaper at purchase may involve more out-of-pocket spending later. That is why discount-led buying should be replaced with detail-led buying.
Final Thoughts
Yes, buying online can sometimes help you save more when choosing family health insurance, but only if you look beyond the headline price. The online route may give you better visibility, easier comparison, and more time to review the policy terms.
That can support smarter choices and may reduce the chances of paying for a plan that does not suit your family well.
If you want to buy medical insurance online, treat savings as more than a discount. The real advantage lies in choosing family health insurance that balances affordability, clarity, and meaningful coverage for your household.
