Top Story

e4m_logo.png

Home >> Media - TV >> Article

TV Today net up 69 per cent at Rs 27.77 crore in FY06

31-May-2006
Font Size   16
Share
TV Today net up 69 per cent at Rs 27.77 crore in FY06

TV Today Network Ltd saw its net profit rise 69 per cent to reach Rs 27.77 crore during FY06 as against Rs 16.43 crore in the previous financial year. Net profit margin of the company moved from 11.82 per cent to 17.4 per cent in the same period, while the EBITD margins went up from 29.8 per cent to 37.83 per cent.

The media group’s total income was Rs 167.89 crore in FY06 as compared to Rs 146.45 crore last year, up 14.64 per cent. The EPS is at Rs 4.79, up from Rs 2.83 over FY 04-05.

The company saw its net profit go up to Rs 11.03 crore in the fourth quarter of FY06, compared to Rs 6.61 crore in the corresponding quarter last year.

FY06 saw TV Today launch its third 24-hour news channel – Tez. The channel aims at delivering news to the busy viewer, who does not find enough time to devote to long and detailed news bulletins.

Another significant development has been TV Today’s international foray. Aaj Tak and Headlines Today were launched in the US on the Dish Network.

G Krishnan, CEO, TV Today, said, “Despite a highly competitive market, we are on the growth track. Each of our offerings is unique and that is why they have all made distinct places for themselves. We will continue to deliver value to our investors and advertisers by expanding the news base.”

Tags

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Information System for all the major bus depots in Bangalore.

Software and Technology, Consulting, Healthcare seem to be increasingly using Webinars to engage with their clients and employees

Chandy indulges in his love for reading and learning something new over the weekends

Though revenue from media operations grew by 10.6% yoy to Rs 760.8cr, the film production revenue declined by 18.0% yoy

At the inaugural one-on-one session between Aroon Purie, Chairman & Editor-in-chief of India Today Group and Anurag Batra, Chairman & Editor-in-chief BW Businessworld & Exchage4media Group, Purie spok...

At the 11th Indian Magazine Congress in New Delhi Rajdeep Sardesai, Consulting Editor, India Today, remembered the time when he used to work for Times of India