Top Story


Home >> Media - Others >> Article

TV18 Q2 consolidated revenues at Rs 302 cr

Font Size   16
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.



Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors, on their three-year association with IPL where they will promote their new model Tata Nexon

Vikas Sharan, shares Regalix's vision and mission, and how the company has progressed over the years since its inception in 2004 with the ever-evolving technologies

Larraine Criss on the launch of MainAd's flagship proprietary technology, Logico by partnering with Google and how they are going to expand in and explore the Indian market

Arati Singh, Channel Head, NDTV Good Times, opens up on how she loves to go on adventurous trips on a typical weekend.

The publishing giant could not find an appropriate replacement for ex CEO, Vivek Khanna's position

Kranti Gada has been promoted as the Chief Operating Officer from that of Senior Vice President-New Business Development

In a letter, various employee associations of AIR and DD have requested the Government to explore the possibility of payment of salary directly from the I&B Ministry