MUMBAI: The early signs of revival from the last fiscal’s economic downturn are visible now. Showing recovery is TV Today Network, the holding company of news channels including Aaj Tak and Headlines Today.

The company has posted a net profit of Rs 106.12 million for the quarter ended 30 September, up 40.06 per cent, as compared to Rs 75.77 million in the prior year period.

Income from operations, however, dropped marginally by 3.51 per cent to Rs 645.45 million in the quarter under review.

TV Today has limited its expenses to Rs 561.11 million, down 4.72 per cent from the year-ago period.