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TV18 Broadcast standalone net profit declines 46.58% in the March 2018 quarter

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Capital Market

Sales rise 12.35% to Rs 228.06 crore

Net profit of TV18 Broadcast declined 46.58% to Rs 28.02 crore in the quarter ended March 2018 as against Rs 52.45 crore during the previous quarter ended March 2017. Sales rose 12.35% to Rs 228.06 crore in the quarter ended March 2018 as against Rs 202.99 crore during the previous quarter ended March 2017.

For the full year,net profit declined 5.02% to Rs 96.37 crore in the year ended March 2018 as against Rs 101.46 crore during the previous year ended March 2017. Sales rose 10.29% to Rs 735.45 crore in the year ended March 2018 as against Rs 666.81 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales228.06202.99 12 735.45666.81 10 OPM %21.8130.83 -21.3218.27 - PBDT51.2874.28 -31 167.32140.40 19 PBT46.4967.97 -32 148.69122.57 21 NP28.0252.45 -47 96.37101.46 -5

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First Published: Apr 25 2018 | 2:53 PM IST

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