Millennium Post

TV18 Broadcast in black zone with Rs 3.86-cr Q1 profit

TV18 Broadcast Ltd has posted a consolidated net profit of Rs 3.86 crore for the first quarter ended 30 June, 2013.The company had a consolidated net loss of Rs 28.52 crore in the same period of previous fiscal, TV18 Broadcast said in a filing to the BSE.Consolidated income of the company from its operation stood at Rs 393.93 crore in the April-June quarter, compared to Rs 339.79 crore during the same period of previous fiscal.

Company's consolidated revenue from its media operations was Rs 383.39 crore this quarter as against Rs 329.96 crore of the same period of last fiscal. TV18 Broadcast consolidated revenue from film production and distribution also increased to Rs 18.79 crore this quarter. It was Rs 16.92 crore in first quarter of the last year.
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