TV18 Broadcast has reported results for first quarter ended June 30, 2023 (Q1FY24).
TV18 Broadcast Services has reported net loss of Rs 20.60 crore for the quarter under review as compared to net loss of Rs 4.97 crore for the same quarter in the previous year. However, total income of the company increased by 24.19% at Rs 352.11 crore for Q1FY24 as compared Rs 283.52 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 51.95% rise in its net profit at Rs 91.20 crore for the quarter ended June 30, 2023 as compared to Rs 60.02 crore for the same quarter in the previous year. Total income of the company increased by 160.75% at Rs 3,377.67 crore for Q1FY24 as compared Rs 1,295.36 crore for the corresponding quarter previous year.
