TV 18 net soars 185% to Rs 5.3 crore

TV 18 has reported a 185 per cent growth in net profit at Rs 5.33 crore in the third quarter ended December 31, 2003 against Rs 1.87 crore in the same period last year.

The company's revenue rose to Rs 15.19 crore (Rs 9.7 crore). Raghav Bahl, managing director TV 18, said: "TV18 Group has posted excellent operating performance and we have seen steady increase in our operating margin as a result of continual revenue growth".