TV18 Broadcast has reported results for fourth quarter ended March 31, 2012.
On the standalone basis, the company has reported net loss of Rs 8.3 crore for the quarter ended March 31, 2012, against net loss of Rs 13.8 crore for the corresponding period last fiscal. However, total income increased by 18% at Rs 192.1 crore during the quarter under review from Rs 162.8 crore in the year-ago period.
On the consolidated basis, the company has reported net loss of Rs 33.4 crore for the quarter ended March 31, 2012, against net loss of Rs 53.5 crore for the corresponding period last fiscal. However, total income increased by 49.36% at Rs 512 crore during the quarter under review from Rs 342.8 crore in the year-ago period.