TV Today Net Up 40% On Cost Control; Revenue Down 3.5% Y-O-Y


Broadcaster TV Today Network Ltd today said net profit for the three months ended 30 September was Rs10.61 crore, up 40.15% year-on-year. Total sales were lower by 3.51% y-o-y at Rs64.54 crore. The company, which broadcasts channels such as AajTak and Headlines Today, reported total expenditure of Rs56.11 crore, down 4.72% y-o-y.

Other income was up by Rs4 crore to Rs7.88 crore. Tax expense was also higher at Rs5.6 crore, up from Rs3.8 crore during the corresponding period last fiscal.

2Q 2009 2Q 2008
EPS Rs1.84 Rs1.31
Net Income Rs10.61 crore Rs7.57 crore
Revenue Rs64.54 crore Rs66.89 crore

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