wordpress blog stats
Connect with us

Hi, what are you looking for?

TV Today reports a 6.3% increase in revenues to Rs 199.4 Cr

TV Today reported standalone operational revenues of Rs 199.4 crore for the quarter ended December 31, 2018, 6.3% higher year-on-year from Rs 187.5 crore, and 22% higher from Rs 163.2 crore in the preceding quarter.

The company’s net profit also shot up to Rs 39.1 crore from Rs 29.5 crore in the preceding quarter, a 32.8% increase. Net profit in Q3FY18 was Rs 38.7 crore.


TV Today’s broadcasting revenues grew by 3.9% year-on-year to Rs 170 crore, from Rs 164 crore in Q3FY18. The network launched a new news channel ‘Bihar Tak’ last quarter, 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 — 85.5% — of the company’s revenue.

However, the segment’s profits remained largely flat over last year, decreasing marginally by 4.3% to Rs 51.9 crore. Net profit increased by 22% over the preceding quarter from Rs 42.5 crore.


Revenues from the radio business increased by 11.4% year-on-year to Rs 7 crore, and losses shrank to Rs 2.1 crore from losses of Rs 6.1 crore in the same quarter last year, a 64.9% decrease year-on-year. Radio accounts for 3.5% of the company revenue.

Advertisement. Scroll to continue reading.

Last quarter, the company announced the sale of its radio business comprising of 3 radio stations in Delhi, Mumbai and Kolkata to Entertainment Network India Ltd (ENIL), which runs Radio Mirchi. TV Today had sold off 11 of its radio stations to ENIL; 4 in December 2015 and 7 in February 2015.

Download: Financials

You May Also Like


In the quarter ended December 31, 2020, Info Edge India Ltd. saw recovery in Naukri and 99acres with traffic and engagement up over the...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ