TV18 Broadcast has reported results for third quarter ended December 31, 2013.
The company has reported 81.65% rise in its net profit at Rs 40.49 crore for the quarter as compared to Rs 22.29 crore for the same quarter in the previous year. However, total income of the company decreased by 7.40% at Rs 147.08 crore for quarter under review, as compared to Rs 158.84 crore for the quarter ended December 31, 2012.
On the consolidated basis, the group has reported over two fold jump in its net profit at Rs 51.67 crore for the quarter ended December 31, 2013 as compared to Rs 21.27 crore for the same quarter in the previous year. Total income of the group has increased by 0.90% at Rs 531.52 crore for quarter under review as compared to Rs 526.74 crore for the quarter ended December 31, 2012.
