They have not mentioned in the notes what impairment they have recognized here. I don’t recall any recent acquisition, maybe it is one or more of of the FM channels they may have acquired under MBL. But I am not sure – could be something else too. We will know more during the investor call, I guess.
For a general understanding of goodwill impairment, you can read this article which explains it well – Goodwill Impairment – Balance Sheet Accounting, Example, Definition.
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