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HomeNewsNational NewsTV Today Network’s revenue for Q3 stands at Rs. 205 cr
Friday, 08 February 2019 07:09

TV Today Network’s revenue for Q3 stands at Rs. 205 cr

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The Q3 revenue of the media group TV Today Network stood at Rs 205.9 crore as against Rs 192.7 crore in the corresponding quarter of the previous fiscal. Its net profit has also spiked up to Rs 39.19 crore compared to Rs 38.72 crore. 

The group’s total expenses increased to Rs 145.5 crore as against Rs 135.1 crore. Its broadcasting segment operating profit declined to Rs 51.9 crore as against Rs 54.2 crore despite increase in revenue at Rs 170.6 crore compared to Rs 164.1 crore. FM radio broadcasting loss narrowed to Rs 2.14 crore from Rs 6.1 crore. Segment revenue jumped to Rs 7.01 crore from 6.28 crore.

Recently, the group has appointed Neera Malhotra as an Additional Independent Director of the company subject to the approval of shareholders and ministry of information & broadcasting (MIB). The term of appointment will be five years from the date of approval by MIB.

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