TV18 Broadcast has reported results for first quarter ended June 30, 2015.
The company has reported a net profit of Rs 8.87 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 109.06 crore for the same quarter in the previous year. The company’s total income has decreased by 6.63% to Rs 132.16 crore for the quarter under review from Rs 141.55 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a net loss after taxes, minority interest and share of profit / (loss) of associates at Rs 4.29 lakh for the quarter ended June 30, 2015 as compared to a net loss of Rs 154.54 crore for the same quarter in the previous year. Total income of the company has increased by 13.38% at Rs 604.93 crore for quarter under review as compared to Rs 533.56 crore for the quarter ended June 30, 2014.
