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TV18 Broadcast reports over 2-fold jump in Q2 consolidated net profit

TV18 Broadcast has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 36.92% in its net profit at Rs 11.72 crore for the quarter under review as compared to Rs 18.58 crore for the same quarter in the previous year. However, total income of the company increased by 21.87% at Rs 201.87 crore for Q2FY19 as compared Rs 165.64 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 16.69 crore for the quarter under review as compared to Rs 7.53 crore for the same quarter in the previous year. Total income of the company jumped over 5 fold at Rs 1,201.50 crore for Q2FY19 as compared Rs 234.97 crore for the corresponding quarter previous year.

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