SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

TV18 Broadcast soars on reporting 4 fold jump in Q2 consolidated net profit

13 Oct 2014 Evaluate

TV18 Broadcast is currently trading at Rs. 28.85, up by 0.60 points or 2.12% from its previous closing of Rs. 28.25 on the BSE.

The scrip opened at Rs. 29.10 and has touched a high and low of Rs. 29.50 and Rs. 28.65 respectively. So far 938323 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 38.40 on 29-May-2014 and a 52 week low of Rs. 18.80 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 29.50 and Rs. 27.15 respectively. The current market cap of the company is Rs. 4946.70 crore.

The promoters holding in the company stood at 57.04% while Institutions and Non-Institutions held 11.92% and 31.04% respectively.

TV18 Broadcast has posted a net profit of Rs 29.28 crore for the quarter under review as compared to a net loss of Rs 7.15 crore for the same quarter in the previous year. Total income of the company has increased 25.75% at Rs 144.50 crore for Q2FY15 as compared Rs 114.91 crore for the corresponding quarter previous year.

On the consolidated basis, the company’s net profit after taxes, share in profit of associates and minority interest jumped over four fold to Rs 43.23 crore for the Q2 FY15 as compared to Rs 10.12 crore in Q2 FY14. Moreover, the total income gained around 14.76% to Rs 566.45 crore in the quarter under review as compared to Rs 493.58 crore in the corresponding quarter previous year.

Equator Trading Enterprises (including its subsidiaries Panorama Television and Prism TV) had become wholly owned subsidiary of the Company with effect from January 22, 2014. Hence, the consolidated results of the current period include the results of these subsidiary companies. Eenadu Television had also become an associate with effect from January 22, 2014 and its results have been accounted as “Associate” under Accounting Standard 23 on Accounting for Investments in Associates in Consolidated Financial Statements. To this extent, the results of this period are not comparable with the corresponding previous period.

TV18 Broad (Amalgam) Share Price

45.34 0.00 (0.00%)
15-Oct-2024 16:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×