Times Group's net profit slides again in FY18, registers 6.84% dip

Bennett Coleman & Company (BCCL), one the country's largest news media groups, saw its net profit decline for two consecutive years since 2015-16. 

BCCL, known as the Times Group in India, registered a 6.84 per cent dip in its net profit in 2017-18. The firm's consolidated net profit had plunged by 50.54 per cent the previous year, according to its fillings with the Registrar of Companies. In 2017-18, Times Group’s operating revenue went up by 3.34 per cent to Rs 9,055 crore from Rs 8,762 crore a year ago. However, its net profit stood at Rs 681 crore, down from Rs