#DLGQ4FY19EARNINGS | TV18 Broadcast’s Consolidated Net Profit YoY for Q4FY19 (Jan-Mar Quarter) shoots-up 6 folds!

MUMBAI | AHMEDABAD | GANDHINAGAR | RAJKOT – In a regulatory quarterly earning update for fourth quarter of financial year 2018-19 ie January to March quarter, TV18 Broadcast Ltd reported a sharp jump in year-on-year consolidated net profit of the company which grew 6 folds at 300 million rupees (299 million rupees to be precise) from 46.7 million rupees during the same quarter last year.

Bottomline (net profits) shot-up primely due to tax benefits reported in the quarter ended on March 31st.

Consolidated topline (revenues) of the company grew 56% year-on-year at 11.81 billion rupees from 7.58 billion rupees.

DATELINE GUJARAT’s VIEW : Employees at TV18 Broadcast can remain hopeful for “GOOD SALARY INCREMENTS”, as the first quarter for financial year 2019-20 (April to June Quarter) may also remain bullish driven by ELECTION CAMPAIGN AD REVENUES.

For more details, click the link, given here : TV18FinancialResults31030219


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