TV18 Broadcast has reported results for fourth quarter (Q4) and year ended March 31, 2023.
TV18 Broadcast has reported fall of 8.85% in its net profit at Rs 43.65 crore for the quarter under review as compared to Rs 47.89 crore for the same quarter in the previous year. However, total income of the company increased by 6.76% at Rs 380.25 crore for Q4FY23 as compared Rs 356.18 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported fall of 91.10% in its net profit at Rs 19.66 crore for fourth quarter ended March 31, 2023 as compared to Rs 220.85 crore for the same quarter in the previous year. Total income of the company decreased by 5.03% at Rs 1,436.41 crore for Q4FY23 as compared Rs 1,512.46 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 66.49% fall in its net profit at Rs 57.83 crore as compared to Rs 172.58 crore for the previous year. However, total income of the company increased by 1.18% at Rs 1,328.06 crore for year under review as compared to Rs 1,312.52 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 86.21% fall in its net profit at Rs 127.77 crore as compared to Rs 926.24 crore for the previous year. However, total income of the company increased by 7.80% at Rs 6,038.11 crore for year under review as compared to Rs 5,601.35 crore for year ended March 31, 2022
