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T.V. Today Network Ltd Q1FY24; 75% fall in Profits

T.V. Today Network Ltd is engaged in broadcasting television news channels, radio stations and newspaper publishing in India. The company broadcasts 24-hour news channels Aaj Tak, Tez, and Aaj Tak HD in Hindi; and India Today Television in English. It also runs radio stations (Ishq 104.8 FM) in Delhi, Mumbai, and Kolkata.

Financial Results:

T.V. Today Network Ltd reported Revenues for Q1FY24 of ₹222.75 Crores up from ₹218.15 Crore year on year, a rise of 2.11%.

Total Expenses for Q1FY24 of ₹220.38 Crores up from ₹181.88 Crores year on year, a rise of 21.17%.

Consolidated Net Profit of ₹8.78 Crores down 74.95% from ₹35.05 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.47, down 74.96% from ₹5.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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