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T.V. Today Network Ltd News

TV Today Network Q4 results: Net profit rises nearly 2-fold to Rs 11.46 cr

TV Today Network Ltd on Friday reported nearly two-fold rise in consolidated net profit to Rs 11.46 crore in the March quarter on the back of higher revenue from television and other media operations. The company had posted a consolidated net profit of Rs 5.85 crore in the year-ago period, TV Today Network said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 252.79 crore as against Rs 217.14 crore in the corresponding period a year ago, it added. Television and other media operations posted revenue of Rs 247.37 crore in the fourth quarter as against Rs 213.25 crore in the corresponding period a year ago. Radio broadcasting revenue was at Rs 5.42 crore in the January-March period, up from Rs 3.89 crore a year earlier, the company said. Total expenses in the fourth quarter were higher at Rs 241.3 crore as compared to Rs 206.89 crore in the year-ago period. The board of directors has recommended a final dividend of Rs 8.50 per equ

TV Today Network Q4 results: Net profit rises nearly 2-fold to Rs 11.46 cr
Updated On : 17 May 2024 | 5:10 PM IST