Top Story

e4m_logo.png

Home >> Media - Others >> Article

TV18 Q2 consolidated revenues at Rs 302 cr

07-November-2011
Font Size   16
Share
TV18 Q2 consolidated revenues at Rs 302 cr

TV18 Broadcast Ltd has reported a steady quarter with consolidated revenues at Rs 302 crore and an operating profit of Rs 24.8 crore from continuing operations (Rs. 6.1 crores on a reported basis) for Q2 FY12.

Consolidated revenues were up 17 per cent from Rs 257 crore (proforma) against the corresponding quarter last year.

Business news operations delivered a steady quarter and revenues increased by Rs 6 crore. Q2 FY12 revenues on a reported basis stood at Rs 73.7 crore, up 8 per cent against Rs 68 crore against the corresponding quarter last year. Operating profit stood at Rs 16.3 crore in Q2 FY12.

In general news operations, CNN-IBN consolidated its leadership position as the channel of choice for English audiences in a highly competitive market. Q2 FY12 revenues grew 36 per cent and on a reported basis stood at Rs 72.2 crore against Rs 53 crore in Q2 FY11.

History channel was successfully launched in October 2011. Rs 5.7 crore of pre-operative expenses were incurred in the current quarter.

 

Tags

Aparna Bhosle, Business Cluster Head - Premium & FTA GEC channels - ‎ZEEL, on its new property, sponsors, investment on acquisition and response to BBC First

In an interview with exchange4media, Ferzad Palia says that most successful brands are not those who spend the most money

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Southeast Asian market

The group released the Little Hearts online-only campaign, #BreakSomeHearts, early this year and is on the path to make many more of its brands available on the digital platform

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Sou...

The group released the Little Hearts online-only campaign, #BreakSomeHearts, early this year and is on the path to make many more of its brands available on the digital platform

Aroon Purie, the India Today Group Chairman and Editor-in-Chief today appointed his daughter Kallie Purie as the Vice Chairperson of the group