Today Network's net profit from the television and FM radio broadcasting
business combined rose more than four times to Rs 153.5 million
in the third quarter ended 31 December from Rs 35.49 a year earlier.
the pure radio business front, TV Today Network narrowed the loss
before tax and interest to Rs 32 million in the third quarter from
Rs 43 million a year earlier. Its revenue from radio was Rs 24.69
million against to Rs 21.47 million a year earlier.
Today Network's overall income from operations in the third quarter
increased 15 per cent to Rs 903.7 million from Rs 786.79 million
a year earlier, while its expenses for the quarter saw a marginal
fall to Rs 752 million from Rs 742.7 million.
Today Networks production cost declined to Rs 93.3 million
from Rs 102.5 a year ago.
advertisement, distribution and sales promotion expenses were flat
at Rs 229.8 million compared with Rs 220.2 million.