News (CNBC TV18 and CNBC Awaaz)
profit from the business news segment for the final quarter of the
fiscal has narrowed to Rs 157 million, from Rs 289 million a year
Revenue stood at Rs 1.03 billion, up from Rs 950 million.
the full-fiscal, revenue tood at Rs 3.32 billion, up from Rs 3.06
billion a year ago. Operating profit was down to Rs 604 million,
from Rs 880 million.
news operations delivered a strong quarter driven by the Union Budget
quarter. Our flagship coverage of key events such as the World Economic
Forum Annual Meeting in Davos in January and programming around
the Union Budget in February and March as well as coverage on the
Budget Day itself was very well received by our audiences,"
the company said.
News biz as a whole (CNBC TV18, CNBC Awaaz, CNN IBN and IBN7)
a standalone basis, TV18 posted a net loss of Rs 83 million for
the quarter compared to Rs 114 million a year ago.
from operations jumped to Rs 1.92 billion, from Rs 688 million.
Advertising revenue stood at Rs 1.48 billion (from Rs 641 million),
while subscription revenue was Rs 321 million, up from Rs 38 million.
Operating expenses jumped to Rs 1.77 billion, from Rs 687 million
as its spend on marketing, distribution and promotional expenses
and production expenses surged almost three times.
company has not provided the financial results of Lokmat18, where
it holds 50 per cent stake and Lokmat the remaining half, separately
operating loss from intotainment channel History18 (AETN18 is a
50:50 JV between A&E TV Network and TV18 which runs History18)
stood at Rs 154 million.
from infotainment channel History18, which was launched in the third
quarter of the fiscal, stood at Rs 63 million.
TV18's combined operating loss from news operations and infotainment
was Rs 14 million, reversing from a profit of Rs 259 million in
the earlier-year quarter. Revenue grew to Rs 2.01 billion compared
to Rs 1.65 billion a year ago.
a consolidated basis, TV18 Broadcast (the name of the listed company)
posted a net loss of Rs 334 million for the fiscal fourth quarter,
mainly due to new channel launches (Sonic, Comedy Central and Colors
HD). The company's consolidated net loss in the same quarter of
the earlier year stood at Rs 132 million.
Revenue jumped to Rs 5.12 billion, from Rs 2.06 billion a year ago.
Advertising revenue (including TIFC and motion pictures) was at
Rs 3.12 billion (from Rs 1.64 billion), while subscription revenue
stood at Rs 646 million, from Rs 241 million in the year ago period.
Expenses during the quarter jumped to Rs 5.58 billion, from Rs 1.98
For the full fiscal, consolidated net loss widened to Rs 738 million,
from Rs 174 million. Revenue stood at Rs 14.23 billion (from Rs
8.04 billion). For the full fiscal, advertising revenue stood at
Rs 10.50 billion, while subscription revenue was at Rs 1.90 billion.
Expenses during the fiscal doubled to Rs 14.72 billion, compared
to Rs 7.57 billion in the previous fiscal.
TV18's consolidated numbers include 100 per cent standalone and
AETN18, 50 per cent share of Viacom18 and 50 per cent share of IBN
The company's shares closed Wednesday at Rs 25.4 on the BSE, up
0.99 per cent.