Network 18 reports strong operating profits in Q3FY15

The consolidated operating PBDIT stood at Rs. 97.2 crore, up by 149% Y-o-Y

BestMediaInfo Bureau | Mumbai | January 15, 2015

Network18 Media & Investments has announced its results for the quarter / nine months ended December 31, 2014. The operating revenues for 9MFY15, on a consolidated basis, stood at Rs. 2,285.1 crore, up by 17% from Rs. 1,954.1 crore in 9M FY14. The consolidated operating PBDIT stood at Rs. 97.2 crore, up by 149% Y-o-Y in the period mentioned above.

On the other hand, the operating revenues, on a consolidated basis, stood at Rs. 831.9 crore in Q3 FY15, up by 14% Y-o-Y from Rs. 727.6 crore in the same quarter, a year ago.  The consolidated Profit Before Tax (before exceptional items and prior period items) stood at Rs. 22.4 crore, up by 16% Y-o-Y from Rs. 19.3 crore, a year ago. The consolidated operating PBDIT stood at Rs. 67.1 crore, up by 13% Y-o-Y.

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