TV18 reports profit for second quarter

BENGALURU: TV18 Broadcast Limited (TV18), the subsidiary of the Mukesh Dhirubhai Ambani controlled Network18 Media and Investments Ltd (Network 18) reported a consolidated total comprehensive income of Rs 118.3 million for the quarter ended 30 September 2017 (Q2-18, current quarter) as compared to the negative comprehensible income of Rs 74.5 million for the corresponding year ago quarter (y-o-y) and a negative comprehensible income of Rs 187.1 million for the immediate trailing quarter Q1-18 (q-o-q).

Consolidated Net Profit after tax for the current quarter was Rs 73.3 million as compared to a y-o-y loss of Rs 11.4 million and a q-o-q loss of Rs 142.8 million. Total Comprehensible loss attributable to non-controlling interest in the company declined to Rs 1.9 million in Q2-18 as compared to a Total Comprehensible loss attributable to non-controlling interest of Rs 50.3 million in Q2-17 and Total Comprehensible loss attributable to non-controlling interest of Rs 23.2 million in Q1-18.

Consolidated Total Income in Q2-18 declined 6 percent to Rs 2,349.7 million as compared to Rs 2,500.8 million in Q2-17, but was 3.6 percent higher than the Rs 2,267.2 million in Q1-18.

Consolidated Total Expenditure declined 8.1 percent y-o-y in the current quarter to Rs 2,474.4 million from Rs 2,692.7 million and was 1.9 percent lower q-o-q as compared to Rs 2,523 million.

Watch this space for more ?

Latest Reads
Sony Pictures Networks India (SPN) extends exclusive television and digital rights partnership with ABB FIA Formula E championship

Sony Pictures Network India (SPN) will continue to broadcast each round of the ABB FIA Formula E Championship for a further two seasons across the Indian sub-continent - including India, Pakistan, Sri Lanka and Bangladesh.

Television TV Channels Sports
James Gough’s innovative idea will be incubated with the intent to prototype it at Formula 1®’s Media & Technology Centre

Formula 1® Managing Director of Motorsports, Ross Brawn, and Mercedes-AMG Petronas Motorsport Driver, Lewis Hamilton, today crowned James Gough the winner of this year’s USD $50,000 F1® Innovation Prize at the FORMULA 1 PIRELLI 2018 UNITED STATES GRAND PRIX in Austin.

Television TV Channels Sports
FLIX FIRST SCREENING: &flix makes October spookier with the multi-city theatrical premiere of Goosebumps 2: Haunted Halloween

&flix, the all-new destination for the most-awaited Hollywood blockbusters, brings the much-anticipated sequel Goosebumps 2: Haunted Halloween on Thursday, October 25

Television TV Channels English Entertainment
BIG Ganga Goes All Out to Delight Its Audience This Festive Season, Launches Engrossing Range of Shows

With the festive season right around the corner, BIG Ganga, the number one Bhojpuri channel in the Hindi heartland

Television TV Channels GECs
Time Maharashtra.....Feel The Pulse of Maharashtra

Viasys Digital Network Pvt. Ltd, under the leadership of founder chairman Mr. Sudesh Bhosle brings together a blend of Media and IT skills bagged by a deep understanding of Global Media.

Television TV Channels News Broadcasting

As the country gears up to celebrate the symbolic victory of good over evil, EPIC makes the day special for their viewers by airing special programming for the festival of Vijayadashami.

Television TV Channels Factual @ Discovery
A+E Networks | TV18 launches FYI TV18 HD

AETN18, the joint venture between A+E Networks and Network18 has planned to launch the high definition (HD) version of the contemporary lifestyle entertainment channel—FYITV18 on 18 October 2018.

Television TV Channels Specialised and Niche
Tata Communication, European Tour show how VR can transform golf

The European Tour and Tata Communications have completed the world’s first test of live 360° video in 8K Ultra High Definition – the highest resolution in digital television on 16 October 2018.

Television TV Channels Sports
Kids most benefited genre in Chrome DM week 41

MUMBAI: With a growth of 0.72 per cent as compared to last week (40), the kids genre marked the highest opportunity to see (OTS) among all categories in week 41 of Chrome Data Analytics & Media. In the kids genre, Nickelodeon gained the highest OTS with 91 per cent in All India 1 Lakh+ market....

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories