TV Today reported total revenues of Rs 163 crore, up 3.4% YoY, but down 10% over the last quarter, for the quarter ended September 2018. Net income: Fell marginally by 4% YoY to Rs 29.9 crore, but fell substantially - 26% - over last quarter from Rs 40.8 crore Developments in the Digital segment In January, the company acquired the digital business of Living Media India Ltd (the India Today Group) for Rs 20 crore. It had finished the acquisition of Mail Today and India Today Online last year. India Today Online Pvt Ltd, which is a wholly-owned subsidiary of TV Today, was to be merged into the company; a motion petition was filed with the National Company Law Tribunal which will hear the case in December. Broadcast TV Today's revenues from its broadcasting business remained flat YoY at Rs 140 crore, profit from the segment also remained flat YoY. The network just launched a new news channel 'Bihar Tak', it now runs four regional channels - Aaj Tak, Dilli Aaj Tak, Tez and Bihar Tak. It also runs the English news channel India Today TV (earlier Headlines Today). The TV business accounts for the majority — 86% — of the company's revenue. However, the group's revenues and profit from the segment fell 11.7% and 25% over the last quarter. Revenues: Rs 140 crore, down from the Rs 158.8 crore in the previous quarter Profit: Rs 42 crore, down from the Rs 57 crore in the previous quarter Radio The company's revenues from the…
