TV18 Broadcast Share Price
TV18 Broadcast Ltd.
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About TV18 Broadcast
On June 6, 2005, as Global Broadcast News Private Limited, TV18 Broadcast Limited (TV18) was formally established as a Private Limited Company. Afterwards, on April 2, 2008, the company changed its name to IBN18 Broadcast Ltd by its status as a Public Limited Company, effective December 12, 2005. As of June 17th, 2011, under the Scheme of Arrangement authorised by the High Court of Delhi, the company's name has been changed from IBN18 Broadcast Limited to TV18 Broadcast Limited.
News broadcasting, digital content, and related companies are among the Company's primary areas of operation. Network18 Media & Investments Limited, of which the Company is a wholly-owned subsidiary, is one of India's most diverse broadcasting M&E conglomerates, with holdings in television, digital content, filmed entertainment, e-commerce, print, and affiliated companies.
The corporation runs India's most comprehensive news network, with four channels dedicated to business news, two to national news (one in English and Hindi), and a third to coverage of local events (14 channels across India, including a joint venture News18-Lokmat). Several entertainment channels are run by Viacom18, the Company's entertainment business and a joint venture with Viacom Inc. There are nine regional entertainment channels in addition to the main Hindi entertainment channels, English entertainment movies, and youth and musical entertainment for youngsters. Major brands like Colors, MTV, and Nickelodeon are included in this category.
CNN IBN's news broadcast content is made available in text and various interactive forms. The IBNLive service allows users to see CNN IBN's news even when they can't be in front of their TVs. It provides them with streaming video feeds, downloadable tickers, and mobile phone notifications for breaking news. In the same way that CNN IBN's ibnlive.com serves as the English-language network's web hub, ibnkhabar.com serves the Hindi-speaking audience of IBN7. The MIB authorised the firm to uplink an English news channel in June 2005. CNN-IBN, a 24-hour English news channel, debuted in December 2005 after the companies signed a brand licencing arrangement with CNN in October 2005 and a news services agreement with Turner.
The Company and Web 18 Holdings Ltd entered into a Share Subscription Agreement on July 18, 2008, whereby the Company committed to subscribe for 3861250 equity shares or 15% of the issued and paid-up capital of Web 18 Holdings Ltd.
On July 31, 2006, the firm and Web 18 Software Services Ltd executed a business transfer agreement under which the company sold, transferred, assigned, and conveyed the news portal business, including the brand domain goodwill assets contracts personnel and permits and licences, as a going concern.
In 2006–07, the firm forayed into the Hindi news market by purchasing a controlling interest in the defunct Channel 7 Hindi news and current affairs channel holding company. The channel was re-branded as IBN7 and re-launched with new programming visuals and graphics. After the rebranding. Also, the firm obtained Rs 105 crore via an Initial Public Offering (IPO) utilising the book-building approach. Investors responded enthusiastically to the issuance, which was over 50 times oversubscribed.
In 2007–2008, the firm ventured into regional news by launching IBN Lokmat, a 24–hour leading Marathi language News Channel, in partnership with the Lokmat Group. Also, they joined the Entertainment market with Viacom18 Media Pvt Ltd, a joint venture with the US media & entertainment powerhouse Viacom Inc.
To capitalise on the massive potential of the genre, Viacom18 created a Hindi General Entertainment Channel named "Colors" in July 2008. When the Company bought New Vernon Private Equity Ltd.'s investment in Jagran TV Pvt. Ltd. in December 2007, it had a market value of around $1. On January 1, 2008, the Company became a Wholly Owned Subsidiary after purchasing an outright majority position in RVT Media Pvt. Ltd.
The Company merged with IBN-7 Channel via a Scheme of Arrangement with BK Fincap Pvt. Ltd. and Jagran TV Pvt. Ltd. They declared the merging of IBN7 inside themselves by purchasing shares held by their partners in the joint venture.
The Hon'ble Delhi and Allahabad High Courts have sanctioned the Scheme of Arrangement between BK Fincap Private Limited, Jagran TV Private Limited (now known as IBN18 Media &Software Limited) (JTV) and the Company for the demerger of 24 hours Hindi News Channel IBN7 from JTV and the merger of BK Fincap into the Company. Do you want to know more about TV18 Broadcast Shares? Click Here to know about TV18 Broadcast Share Price for today.
News broadcasting, digital content, and related companies are among the Company's primary areas of operation. Network18 Media & Investments Limited, of which the Company is a wholly-owned subsidiary, is one of India's most diverse broadcasting M&E conglomerates, with holdings in television, digital content, filmed entertainment, e-commerce, print, and affiliated companies.
The corporation runs India's most comprehensive news network, with four channels dedicated to business news, two to national news (one in English and Hindi), and a third to coverage of local events (14 channels across India, including a joint venture News18-Lokmat). Several entertainment channels are run by Viacom18, the Company's entertainment business and a joint venture with Viacom Inc. There are nine regional entertainment channels in addition to the main Hindi entertainment channels, English entertainment movies, and youth and musical entertainment for youngsters. Major brands like Colors, MTV, and Nickelodeon are included in this category.
CNN IBN's news broadcast content is made available in text and various interactive forms. The IBNLive service allows users to see CNN IBN's news even when they can't be in front of their TVs. It provides them with streaming video feeds, downloadable tickers, and mobile phone notifications for breaking news. In the same way that CNN IBN's ibnlive.com serves as the English-language network's web hub, ibnkhabar.com serves the Hindi-speaking audience of IBN7. The MIB authorised the firm to uplink an English news channel in June 2005. CNN-IBN, a 24-hour English news channel, debuted in December 2005 after the companies signed a brand licencing arrangement with CNN in October 2005 and a news services agreement with Turner.
The Company and Web 18 Holdings Ltd entered into a Share Subscription Agreement on July 18, 2008, whereby the Company committed to subscribe for 3861250 equity shares or 15% of the issued and paid-up capital of Web 18 Holdings Ltd.
On July 31, 2006, the firm and Web 18 Software Services Ltd executed a business transfer agreement under which the company sold, transferred, assigned, and conveyed the news portal business, including the brand domain goodwill assets contracts personnel and permits and licences, as a going concern.
In 2006–07, the firm forayed into the Hindi news market by purchasing a controlling interest in the defunct Channel 7 Hindi news and current affairs channel holding company. The channel was re-branded as IBN7 and re-launched with new programming visuals and graphics. After the rebranding. Also, the firm obtained Rs 105 crore via an Initial Public Offering (IPO) utilising the book-building approach. Investors responded enthusiastically to the issuance, which was over 50 times oversubscribed.
In 2007–2008, the firm ventured into regional news by launching IBN Lokmat, a 24–hour leading Marathi language News Channel, in partnership with the Lokmat Group. Also, they joined the Entertainment market with Viacom18 Media Pvt Ltd, a joint venture with the US media & entertainment powerhouse Viacom Inc.
To capitalise on the massive potential of the genre, Viacom18 created a Hindi General Entertainment Channel named "Colors" in July 2008. When the Company bought New Vernon Private Equity Ltd.'s investment in Jagran TV Pvt. Ltd. in December 2007, it had a market value of around $1. On January 1, 2008, the Company became a Wholly Owned Subsidiary after purchasing an outright majority position in RVT Media Pvt. Ltd.
The Company merged with IBN-7 Channel via a Scheme of Arrangement with BK Fincap Pvt. Ltd. and Jagran TV Pvt. Ltd. They declared the merging of IBN7 inside themselves by purchasing shares held by their partners in the joint venture.
The Hon'ble Delhi and Allahabad High Courts have sanctioned the Scheme of Arrangement between BK Fincap Private Limited, Jagran TV Private Limited (now known as IBN18 Media &Software Limited) (JTV) and the Company for the demerger of 24 hours Hindi News Channel IBN7 from JTV and the merger of BK Fincap into the Company. Do you want to know more about TV18 Broadcast Shares? Click Here to know about TV18 Broadcast Share Price for today.
Fundamentals of TV18 Broadcast Shares
Market Cap |
P/E Ratio |
P/B Ratio |
Industry P/E |
|---|---|---|---|
Rs. 4937.36 Cr |
73.61 |
4.17 |
120.46 |
ROE |
EPS (TTM) |
Dividend Yield |
Book Value |
|---|---|---|---|
5.84 % |
1.01 |
0.00 % |
17.83 |
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As of 01 Apr`23 the Market Cap of TV18 Broadcast Ltd. is 4937.36.
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As of 01 Apr`23 the PE is 73.61 and PB is 4.17.
TV18 Broadcast - Quaterly Results
Publish Date: 18/10/2022
The revenue for the September 2022 quarter is pegged at Rs. 2976.70 millions against Rs. 3005.70 millions recorded during the year-ago period.The Net Loss for the quarter ended September 2022 is Rs. -124.70 millions as compared to Net Profit of Rs. 314.30 millions of corresponding quarter ended September 2021The Operating Profit of the company witnessed a decrease to 41.40 millions from 625.20 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 2976.70 | 3005.70 | -0.96 | 5640.70 | 5694.70 | -0.95 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 86.80 | 92.90 | -6.57 | 258.00 | 183.60 | 40.52 | 503.70 | 474.90 | 6.06 |
| PBIDT | 41.40 | 625.20 | -93.38 | 172.90 | 1117.90 | -84.53 | 3119.70 | 2243.60 | 39.05 |
| Interest | 80.80 | 77.30 | 4.53 | 155.10 | 155.60 | -0.32 | 304.70 | 456.10 | -33.19 |
| PBDT | -39.40 | 547.90 | -107.19 | 17.80 | 962.30 | -98.15 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 127.10 | 128.50 | -1.09 | 250.60 | 259.90 | -3.58 | 507.30 | 557.40 | -8.99 |
| PBT | -166.50 | 419.40 | -139.70 | -232.80 | 702.40 | -133.14 | 2307.70 | 1230.10 | 87.60 |
| TAX | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 368.70 | 57.82 |
| PAT | -124.70 | 314.30 | -139.68 | -174.40 | 526.40 | -133.13 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 1.19 | 17.68 | -93.30 | 3.07 | 19.63 | -84.39 | 21.04 | 17.30 | 21.62 |
TV18 Broadcast - Quaterly Results
Publish Date: 18/10/2022
The revenue slipped marginally during the September 2022 quarter. A decline of about Rs. 2976.70 millions was observed as compared to Rs. 3005.70 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2022 is Rs. -124.70 millions as compared to Net Profit of Rs. 314.30 millions of corresponding quarter ended September 2021The company reported a degrowth in operating Profit to 41.40 millions from 625.20 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 2976.70 | 3005.70 | -0.96 | 5640.70 | 5694.70 | -0.95 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 86.80 | 92.90 | -6.57 | 258.00 | 183.60 | 40.52 | 503.70 | 474.90 | 6.06 |
| PBIDT | 41.40 | 625.20 | -93.38 | 172.90 | 1117.90 | -84.53 | 3119.70 | 2243.60 | 39.05 |
| Interest | 80.80 | 77.30 | 4.53 | 155.10 | 155.60 | -0.32 | 304.70 | 456.10 | -33.19 |
| PBDT | -39.40 | 547.90 | -107.19 | 17.80 | 962.30 | -98.15 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 127.10 | 128.50 | -1.09 | 250.60 | 259.90 | -3.58 | 507.30 | 557.40 | -8.99 |
| PBT | -166.50 | 419.40 | -139.70 | -232.80 | 702.40 | -133.14 | 2307.70 | 1230.10 | 87.60 |
| TAX | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 368.70 | 57.82 |
| PAT | -124.70 | 314.30 | -139.68 | -174.40 | 526.40 | -133.13 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 1.19 | 17.68 | -93.30 | 3.07 | 19.63 | -84.39 | 21.04 | 17.30 | 21.62 |
TV18 Broadcast - Quaterly Results
Publish Date: 18/10/2022
The revenue slipped marginally during the September 2022 quarter. A decline of about Rs. 2976.70 millions was observed as compared to Rs. 3005.70 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2022 is Rs. -124.70 millions as compared to Net Profit of Rs. 314.30 millions of corresponding quarter ended September 2021The company reported a degrowth in operating Profit to 41.40 millions from 625.20 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202209 | 202109 | % Var | 202209 | 202109 | % Var | 202203 | 202103 | % Var | |
| Sales | 2976.70 | 3005.70 | -0.96 | 5640.70 | 5694.70 | -0.95 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 86.80 | 92.90 | -6.57 | 258.00 | 183.60 | 40.52 | 503.70 | 474.90 | 6.06 |
| PBIDT | 41.40 | 625.20 | -93.38 | 172.90 | 1117.90 | -84.53 | 3119.70 | 2243.60 | 39.05 |
| Interest | 80.80 | 77.30 | 4.53 | 155.10 | 155.60 | -0.32 | 304.70 | 456.10 | -33.19 |
| PBDT | -39.40 | 547.90 | -107.19 | 17.80 | 962.30 | -98.15 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 127.10 | 128.50 | -1.09 | 250.60 | 259.90 | -3.58 | 507.30 | 557.40 | -8.99 |
| PBT | -166.50 | 419.40 | -139.70 | -232.80 | 702.40 | -133.14 | 2307.70 | 1230.10 | 87.60 |
| TAX | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | -41.80 | 105.10 | -139.77 | -58.40 | 176.00 | -133.18 | 581.90 | 368.70 | 57.82 |
| PAT | -124.70 | 314.30 | -139.68 | -174.40 | 526.40 | -133.13 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 1.19 | 17.68 | -93.30 | 3.07 | 19.63 | -84.39 | 21.04 | 17.30 | 21.62 |
TV18 Broadcast - Quaterly Results
Publish Date: 17/01/2023
The sales declined to Rs. 3271.50 millions for the December 2022 quarter as compared to Rs. 3466.30 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 316.20 millions from Rs. 720.50 millions, a decline of -56.11% on QoQ basis.The Operating Profit of the company witnessed a decrease to 441.70 millions from 1161.40 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 3271.50 | 3466.30 | -5.62 | 8912.20 | 9161.00 | -2.72 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 307.90 | 218.80 | 40.72 | 565.90 | 402.40 | 40.63 | 503.70 | 474.90 | 6.06 |
| PBIDT | 441.70 | 1161.40 | -61.97 | 614.60 | 2279.30 | -73.04 | 3119.70 | 2243.60 | 39.05 |
| Interest | 103.40 | 71.90 | 43.81 | 258.50 | 227.50 | 13.63 | 304.70 | 456.10 | -33.19 |
| PBDT | 338.30 | 1089.50 | -68.95 | 356.10 | 2051.80 | -82.64 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 139.10 | 123.90 | 12.27 | 389.70 | 383.80 | 1.54 | 507.30 | 557.40 | -8.99 |
| PBT | 199.20 | 965.60 | -79.37 | -33.60 | 1668.00 | -102.01 | 2307.70 | 1230.10 | 87.60 |
| TAX | -117.00 | 245.10 | -147.74 | -175.40 | 421.10 | -141.65 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | 64.50 | 245.10 | -73.68 | 6.10 | 421.10 | -98.55 | 581.90 | 368.70 | 57.82 |
| PAT | 316.20 | 720.50 | -56.11 | 141.80 | 1246.90 | -88.63 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 11.52 | 28.57 | -59.68 | 6.90 | 24.88 | -72.28 | 21.04 | 17.30 | 21.62 |
TV18 Broadcast - Quaterly Results
Publish Date: 17/01/2023
Net sales declined -5.62% to Rs. 3271.50 million from Rs. 3466.30 millions.The Company to register a -56.11% fall in the net profit for the quarter ended December 2022.The Operating Profit of the company witnessed a decrease to 441.70 millions from 1161.40 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 3271.50 | 3466.30 | -5.62 | 8912.20 | 9161.00 | -2.72 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 307.90 | 218.80 | 40.72 | 565.90 | 402.40 | 40.63 | 503.70 | 474.90 | 6.06 |
| PBIDT | 441.70 | 1161.40 | -61.97 | 614.60 | 2279.30 | -73.04 | 3119.70 | 2243.60 | 39.05 |
| Interest | 103.40 | 71.90 | 43.81 | 258.50 | 227.50 | 13.63 | 304.70 | 456.10 | -33.19 |
| PBDT | 338.30 | 1089.50 | -68.95 | 356.10 | 2051.80 | -82.64 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 139.10 | 123.90 | 12.27 | 389.70 | 383.80 | 1.54 | 507.30 | 557.40 | -8.99 |
| PBT | 199.20 | 965.60 | -79.37 | -33.60 | 1668.00 | -102.01 | 2307.70 | 1230.10 | 87.60 |
| TAX | -117.00 | 245.10 | -147.74 | -175.40 | 421.10 | -141.65 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | 64.50 | 245.10 | -73.68 | 6.10 | 421.10 | -98.55 | 581.90 | 368.70 | 57.82 |
| PAT | 316.20 | 720.50 | -56.11 | 141.80 | 1246.90 | -88.63 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 11.52 | 28.57 | -59.68 | 6.90 | 24.88 | -72.28 | 21.04 | 17.30 | 21.62 |
TV18 Broadcast - Quaterly Results
Publish Date: 17/01/2023
Net sales declined -5.62% to Rs. 3271.50 million from Rs. 3466.30 millions.The Company to register a -56.11% fall in the net profit for the quarter ended December 2022.The Operating Profit of the company witnessed a decrease to 441.70 millions from 1161.40 millions.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var | |
| Sales | 3271.50 | 3466.30 | -5.62 | 8912.20 | 9161.00 | -2.72 | 12621.50 | 11041.80 | 14.31 |
| Other Income | 307.90 | 218.80 | 40.72 | 565.90 | 402.40 | 40.63 | 503.70 | 474.90 | 6.06 |
| PBIDT | 441.70 | 1161.40 | -61.97 | 614.60 | 2279.30 | -73.04 | 3119.70 | 2243.60 | 39.05 |
| Interest | 103.40 | 71.90 | 43.81 | 258.50 | 227.50 | 13.63 | 304.70 | 456.10 | -33.19 |
| PBDT | 338.30 | 1089.50 | -68.95 | 356.10 | 2051.80 | -82.64 | 2815.00 | 1787.50 | 57.48 |
| Depreciation | 139.10 | 123.90 | 12.27 | 389.70 | 383.80 | 1.54 | 507.30 | 557.40 | -8.99 |
| PBT | 199.20 | 965.60 | -79.37 | -33.60 | 1668.00 | -102.01 | 2307.70 | 1230.10 | 87.60 |
| TAX | -117.00 | 245.10 | -147.74 | -175.40 | 421.10 | -141.65 | 581.90 | 324.30 | 79.43 |
| Deferred Tax | 64.50 | 245.10 | -73.68 | 6.10 | 421.10 | -98.55 | 581.90 | 368.70 | 57.82 |
| PAT | 316.20 | 720.50 | -56.11 | 141.80 | 1246.90 | -88.63 | 1725.80 | 905.80 | 90.53 |
| Equity | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 | 3428.70 | 3428.70 | 0.00 |
| PBIDTM(%) | 11.52 | 28.57 | -59.68 | 6.90 | 24.88 | -72.28 | 21.04 | 17.30 | 21.62 |
Tv18 Broadcast informs about board meeting
Publish Date: 12/10/2022
Tv18 Broadcast has informed that the meeting of the Board of Directors of the Company is scheduled on 18/10/2022, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2022. Pursuant to the Company's Code to Regulate, Monitor and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company, the Trading Window Close Period which had commenced on October 1, 2022 will end 48 hours after the results are made public on October 18, 2022.
The above information is a part of company’s filings submitted to BSE.
Tv18 Broadcast informs about investors update
Publish Date: 17/01/2023
Tv18 Broadcast has informed that it enclosed a copy of the Investors’ Update on the aforesaid financial results being released by the Company. The Investors’ Update will also be available on the Company’s website, www.nw18.com.
The above information is a part of company’s filings submitted to BSE.
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Publish Date: 14/01/2020
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CCI approves merger of Jio Cinema OTT with TV18 Broadcast’s arm
Publish Date: 20/09/2022
In April, Reliance Industries and Viacom18 announced a strategic partnership with Bodhi Tree Systems
Commission of India (CCI) has approved the proposed merger of Jio Cinema OTT with TV18 Broadcast’s subsidiary -- Viacom18 Media. In April, Reliance Industries (RIL) and Viacom18 announced a strategic partnership with Bodhi Tree Systems, where Bodhi Tree will invest Rs 13,500 crore in Viacom18 while Reliance Projects & Property Management Services, a wholly-owned subsidiary of RIL, will invest Rs 1,645 crore in the broadcaster as part of the tripartite partnership, to form one of the largest TV and digital streaming firms in India. Under the partnership, Reliance's popular Jio Cinema OTT app will be transferred to Viacom18.
TV18 Broadcast formerly IBN18 Broadcast owns and operates one of India's leading 24-hour English language news and current affairs channel, CNN IBN.
TV18 Broadcast reports 95.56% fall in Q2 consolidated net profit
Publish Date: 19/10/2022
Total consolidated income of the company increased by 12.32% to Rs 1483.42 crore for Q2FY23
TV18 Broadcast has reported results for second quarter ended September 30, 2022.
The company has reported net loss of Rs 12.47 crore for Q2FY23 as against net profit of 31.43 crore for the corresponding quarter previous year. Total income of the company decreased by 1.13% to Rs 306.35 crore for the quarter under review as compared to Rs 309.86 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 95.56% in its net profit at Rs 10.28 crore for the quarter under review as compared to Rs 231.4 crore for the same quarter in the previous year. Total income of the company increased by 12.32% to Rs 1483.42 crore for the quarter under review as compared to Rs 1320.72 crore for the same quarter in the previous year.
TV18 Broadcast reports 88% fall in Q3 consolidated net profit
Publish Date: 17/01/2023
Total consolidated income of the company increased by 14.46% to Rs 1,822.92 crore for Q3FY23
TV18 Broadcast has reported results for third quarter ended December 31, 2022.
The company has reported fall of 56.11% in its net profit at Rs 31.62 crore for Q3FY23 as compared to Rs 72.05 crore for the corresponding quarter previous year. Total income of the company decreased by 2.87% to Rs 357.94 crore for the quarter as compared to Rs 368.51 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 87.86% in its net profit at Rs 37.81 crore for Q3FY23 as compared to Rs 311.55 crore for the same quarter in the previous year. However, total income of the company increased by 14.46% to Rs 1,822.92 crore for the quarter under review as compared to Rs 1,592.66 crore for the same quarter in the previous year.
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