TV Today Network has reported a net profit of Rs 35.5 million during
the third quarter of the fiscal. In the same quarter last year,
the company had earned a net profit of Rs 94.97 million.
Today Networks expenses went up marginally to Rs 742.57 million,
compared to Rs 726.21 million a year ago. The spend on staff salary
was Rs 246.36 million, up from Rs 239.67 million.
Todays income from operations stood at Rs 786.79 million,
compared to Rs 835.99 million in the corresponding quarter of the
radio business posted an operating loss of Rs 43.09 million on an
income of Rs 21.47 million. In the earlier year, operating loss
stood at Rs 61.11 million on an income of Rs 9.05 million.