TV18 Records Rs 5.3 Crore In Internet Revenues In Q2 2006

Television Eighteen Group (TV18), the leading TV and internet media company, has announced its second quarter results. The company’s internet revenues have crossed Rs 5.3 crore in Q2 ending September 2006 compared to Rs 1.7 crore the same quarter last year. The trend has been upward anyways. It had just crossed $1 million (Rs 5.15 crore) in internet revenues in Q1 ending June 30, 2006 (the previous quarter).
As for the total numbers, the company registered net profit (after ESOP) of Rs 13.57 crore in Q2 this year from Rs 9.94 crore in the same quarter last year. The revenues (after ESOP) stood at Rs 53 crore versus Rs 31.23 crore QoQ. Check the results here and an interview with Haresh Chawla, CEO of TV18.

loading

Comments have been disabled for this post