TV18 Broadcast Q4 net profit up 77% to Rs 251 crore
For FY 2020-21, TV18 Broadcastâs net profit was up 78.95% to Rs 745.71 crore as against Rs 416.71 crore a year ago
Delhi, April 21, 2021
TV18 Broadcast Ltd on Tuesday reported a 77.03% increase in its consolidated net profit to Rs 251.08 crore for the fourth quarter ended in March 2021.
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The company had posted a net profit of Rs 141.83 crore for the January-March period of the previous fiscal, the company said in a regulatory filing.
However, its consolidated revenue from operations was down 5.4 per cent to Rs 1,347.94 crore for the quarter under consideration, as against Rs 1,424.93 crore of the corresponding quarter a year ago. TV18 Broadcastâs total expenses were at Rs 1,113.32 crore as against Rs 1,254.89 crore, down 11.3%.