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TV18 Broadcast consolidated net profit declines 89.87% in the March 2017 quarter

Capital Market 

Sales decline 7.52% to Rs 278.92 crore

Net profit of TV18 Broadcast declined 89.87% to Rs 8.39 crore in the quarter ended March 2017 as against Rs 82.86 crore during the previous quarter ended March 2016. Sales declined 7.52% to Rs 278.92 crore in the quarter ended March 2017 as against Rs 301.59 crore during the previous quarter ended March 2016.

For the full year,net profit declined 90.19% to Rs 19.07 crore in the year ended March 2017 as against Rs 194.39 crore during the previous year ended March 2016. Sales rose 5.89% to Rs 979.41 crore in the year ended March 2017 as against Rs 924.91 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales278.92301.59 -8 979.41924.91 6 OPM %9.4830.36 -3.1914.15 - PBDT39.9587.60 -54 52.19146.57 -64 PBT22.1678.50 -72 -4.19111.70 PL NP8.3982.86 -90 19.07194.39 -90

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 19 2017. 17:39 IST
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