Core Insights - Lytus Technologies Holdings PTV. Ltd. reported significant revenue growth and improved profitability for the six months ended September 30, 2024, with a focus on innovation and operational efficiency [1][3] Financial Performance - Revenue for the six-month period reached $12.01 million, marking a 24% increase from $9.66 million in the same period of the previous year [5] - The company achieved a net profit of $648,972, reflecting a profit margin of 5.40%, which is a 151% increase compared to a net loss of $1,281,940 in the prior year [5] - Positive operating cash flow was generated amounting to $182,070 [5] Asset and Liability Management - Total assets increased to $34.17 million, an 8.3% rise from $31.56 million in the previous year [5] - Total liabilities decreased to $15.24 million, down 2.2% from $15.58 million in the same period last year [5] Strategic Initiatives - The company is expanding into broadband services, particularly in Telangana and Andhra Pradesh, which is expected to enhance revenue further [3] - Lytus Technologies has a captive base of 4 million subscribers and is focused on launching new value-added services to meet consumer and business demands [3][4]