TV Today Network has reported profit after tax of Rs 32.79 crore for the first quarter ended June 30, 2014. Net profit has more than doubled from Rs 11.98 crore reported in Q1 of the previous fiscal.
The network’s TV broadcasting business reported an increase of 55.61 per cent in revenues to Rs 133.64 crore in Q1 FY15, as compared to Rs 85.88 crore in the corresponding period of the previous fiscal.
Total income registered a rise of 54.10 per cent to Rs 137 crore during Q1 FY15 as against Rs 88.90 crore in Q1 FY14.
The network’s FM radio business reported revenues of Rs 3.36 crore, up 11.62 per cent from Rs 3.01 crore in Q1 of the previous fiscal.