TV Today Network's consolidated revenue from operations for the quarter ended 30th June has increased 7% to Rs 218.15 crore compared to Rs 203.88 crore in the same quarter last year.
Total expenses for the quarter rose 12.14% to Rs 181.88 crore from Rs 162.19 crore. Net profit was up 6.13% to Rs 35.05 crore from Rs 37.34 crore.
Revenue from the television and other media operations segment increased 7% to Rs 214.56 crore from Rs 200.85 crore. Operating profit from the segment declined 18% to Rs 40.73 crore against Rs 49.54 crore.
Radio broadcasting revenue stood at Rs 3.59 crore, up 18.48% from Rs 3.03 crore. Operating loss narrowed to Rs 51 lakh from Rs 4.13 crore.
The company operates four news channels – Aaj Tak, Aaj Tak HD, India Today, and the recently launched Good News Today. The company also operates three FM radio stations under the brand ISHQ 104.8 FM in Delhi, Mumbai, and Kolkata. Apart from Aaj Tak and India Today's digital offerings, the company is building 20 dedicated Digital First properties.
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