Network18 FY15 revenues up 16% at Rs 3,126.6 cr; TV18's revenues grow 18%

Network18 has reported positive growth in consolidated Profit Before Tax in FY15 at Rs 29.4 crore, as against loss of Rs 68.5 crore in FY14

BestMediaInfo Bureau | Delhi | April 16, 2015

Network18 Media & Investments has reported consolidated operating revenues of Rs 3,126.6 crore in FY15, up by 16 per cent YoY, from Rs 2,692.4 crore in FY14. Consolidated FY15 operating PBDIT stood at Rs 153 crore as compared to Rs 79.6 crore in FY14, an increase of 92 per cent YoY.

FY15 Profit Before Tax (before exceptional and prior period items) on a consolidated basis stood at Rs 29.4 crore, turning positive from a loss of Rs 68.5 crore in FY14.

Consolidated operating revenues for the fourth quarter ended March 31, 2015 was reported at Rs 841.4 crore, up by 14 per cent YoY, from Rs 738.3 crore in Q4 FY14.

Consolidated Profit Before Tax (before exceptional items and prior period for Q4 FY15 stood at Rs 56.6 crore, turning positive from a loss of Rs. 2.9 crore in Q4 FY14.

TV18 Broadcast's FY15 consolidated operating revenues grew 18 per cent YoY, from Rs 1,968.1 crore a year ago to Rs 2,318.4 crore this year. Consolidated operating PBDIT in FY15 stood at Rs 252.5 crore, up by 20 per cent YoY, from Rs 210.7 crore in FY14.

FY15 Profit Before Tax (before exceptional and prior period items) on a consolidated basis was reported at Rs 216 crore, an increase of 70 per cent YoY, as compared to Rs 126.8 crore in FY14.

For the fourth quarter ended March 31, 2015, TV18 reported consolidated operating revenues Rs 629.7 crore, a growth of 12 per cent YoY over Rs 563.3 crore in Q4 FY14.

Q4 FY15 Profit Before Tax (before exceptional and prior period items) on a consolidated basis stood at Rs 92.4 crore, up by 104 per cent YoY, from Rs 45.3 crore in Q4 FY14.

Info@bestmediainfo.com

Info@BestMediaInfo.com