MUMBAI: Radio Mirchi which is a part of Entertainment Network (India) Limited (ENIL) has appointed Vivek Modi to the post of North cluster head and Sarvmeet Oberoi IPS (sponsorship) head.

In his new role, Modi will be responsible for driving the radio station?s growth in its target region. He joined Radio Mirchi in 2011 as a cluster head - east. Prior to Radio Mirchi, he has worked with J Walter Thompson as account director, ABP as brand manager and Vodafone as head - marketing communication. He will be replacing Sachin Tagra.

Oberoi has been with Radio Mirchi since seven years. He was a part of Mirchi Mobile - a service enabling Mirchi listeners in a particular location to listen to broadcast of another location of their choice, using the mobile platform. Oberoi will be looking after the growth of intellectual properties.
 
EVP HR and marketing Sujata Bhatt said, "Vivek and Sarvee are seasoned professionals and will add lot of value in their new roles. We wish both of them the very best."

ENIL launched its first radio station in 2001 in Indore and now the channel is available in 32 cities across India.

MUMBAI: Entertainment Network India Limited?s (ENIL) net profit for fiscal third quarter remained flat at Rs 187 million against a profit of Rs 182 million reported in the year-ago period.

ENIL, which owns and operates FM radio station Radio Mirchi, saw its revenues for the quarter grow by 15.6 per cent to Rs 874 million from Rs 753.9 million a year ago.

The company said its Ebitda for the quarter stood at Rs 302 million.

Expenses for the quarter also jumped to Rs 653.5 million from Rs 527.7 million due to increase in marketing and other expenses.

ENIL ED & CEO Prashant Panday said, "The festive season boosted revenue growth this quarter. The elections in Gujarat also contributed to growth. The advertising environment, however , remains challenging. We remain optimistic that with renewed governmental efforts at spurring growth, the advertising industry should lift off. We remain optimistic that Phase-3 roll outs will begin soon. The government has said it is top priority for them."