TV18 Broadcast has reported results for first quarter ended June 30, 2018.
The company has reported a fall of 39.11% in its net profit at Rs 8.72 crore for the quarter under review as compared to Rs 14.32 crore for the same quarter in the previous year. However, total income of the company increased by 8.87% at Rs 173.91 crore for Q1FY19 as compared Rs 159.74 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss of Rs 6.82 crore for the quarter under review as compared to net loss of Rs 14.28 crore for the same quarter in the previous year. However, total income of the company increased over around 5 fold at Rs 1,095.65 crore for Q1FY19 as compared Rs 226.72 crore for the corresponding quarter previous year.
