Categories Earnings, Technology

TV18 Broadcast Ltd Q4FY23 results out, net profit drops by 91%

Incorporated in 2005, TV18 is a subsidiary of Network 18. The primary broadcast business of Network 18 is being managed by the company and they run the largest news network in India focusing on business news, general news & regional news.

  • TV18 Broadcast Ltd reported Total Income for Q4 FY23 of ₹1,406 Crore, down from ₹1,496 Crore year on year, a decline of 6%.
  • Total Expenses for Q4 FY23 of ₹1,329 Crore up, from ₹1,242 Crore year on year, a growth of 7%. 
  • Consolidated Net Profit of ₹20 Crore, down 91% from ₹221 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹0.21, down 75% from ₹0.84 in the same quarter of the previous year. 

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