Network18’s broadcasting subsidiary TV18 Broadcast has posted a net profit of Rs 95.47 crore for the quarter ended March 31, 2015 (Q4-FY15), as against a net profit of Rs 60.38 crore in the previous quarter and a net profit of Rs 35.90 crore in the same quarter last year. The company reported total operational revenues of Rs 629.7 crore for the quarter, up 3.7% from Rs 607.2 crore in the previous quarter and up 11.8% from Rs 563.3 crore in the same quarter last year. Note that in the previous quarter, Network18 had mentioned that its consolidated results for the quarter aren't comparable to the corresponding quarter last year, as it included results from Equator Trading Enterprises (and its subsidiaries Panorama Television & Prism TV) that became a wholly owned subsidiary of Network18 in January last year and Eenadu Television that became an associate company in the same month. The company has now mentioned that the figures for corresponding previous quarters have been restated and regrouped to make them comparable. Media operations vs Film production Revenues from the media operations business grew to Rs 628.94 crore, up 3.9% from Rs 605.15 crore in the previous quarter. On the other hand, revenues from TV18’s film production & distribution business was down by almost 60% to Rs 4.80 crore for the quarter, from Rs 11.99 crore in the previous quarter. It’s worth noting that TV18 had stopped disclosing financial information pertaining to its news business and entertainment business from Q2-FY15. There is also no information on how IndiaCast or its infotainment business (AETN-18…
