TV Today Network Ltd has reported a net profit of Rs 3.28 crore in Q2 FY’07, a hike of 38.39 per cent as against Rs 2.37 crore net profit during the corresponding quarter of the previous fiscal.
The media group’s total income was Rs 41.86 crore in the second quarter as compared to Rs 34.07 crore Y-o-Y last fiscal. Net sales of the company was also up 21 per cent at Rs 38.12 crore from Rs 31.45 crore in the corresponding quarter of FY’06.
Of the total Rs 95 crore that the company raised through an IPO, Rs 68.55 crore has already been utilised as of September 30, 2006.
TV Today is part of the India Today group promoted by Aroon Purie.