TV18 Q4 net up 165.9% to Rs 95.47 crore

Deepu

EntMnt Legend
Finest Member
TV18 Broadcast, which runs news and entertainment channels, has posted a consolidated net profit of Rs 95.47 crore (Rs 954.74 million) for the fiscal fourth quarter, up 165.89 per cent from the year-ago period. In the corresponding quarter of the previous fiscal, consolidated net profit stood at Rs 35.91 crore (Rs 359.08 million). Total income from operations during the quarter ended 31 March 2015 rose 11.8 per cent to Rs 629.75 crore (Rs 6.3 billion) compared to Rs 563.29 crore (Rs 5.63 billion) a year ago. The Reliance Industries Ltd (RIL) group company, however, said that its results were not comparable with the previous period as Equator Trading Enterprises had become a wholly owned subsidiary.

Read more at: http://www.televisionpost.com/television/tv18-q4-net-up-165-9-to-rs-95-47-crore/ | TelevisionPost.com
 

Deepu

EntMnt Legend
Finest Member
TV18’s Q4 net profit from news biz zooms to Rs 61 crore

TV18 Broadcast’s news business reported a fiscal fourth-quarter net profit of Rs 60.90 crore (Rs 609 million), up 247 per cent from the year-ago period. In the earlier year, net profit stood at Rs 17.55 crore (Rs 175.54 million). However, the previous fourth-quarter earmarked for one-time exceptional expense of Rs 17.13 crore (Rs 171.3 million) towards severance pay.

Read more at: http://www.televisionpost.com/television/tv18s-q4-net-profit-from-news-biz-zooms-to-rs-61-crore/ | TelevisionPost.com
 
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