TV Today Network today reported an increase of 2.88 per cent in standalone net profit at Rs 13.20 crore for the quarter ended September 30, 2014. The company had posted a standalone net profit of Rs 12.83 crore during the July-September quarter of the previous fiscal, TV Today Network said in a filing to the BSE.
Total net income of the company increased 21.78 per cent to Rs 111.68 crore during the quarter under review as against Rs 91.70 crore of the same period a year ago.
Revenue from TV broadcasting increased 22.65 per cent to Rs 107.47 crore in the second quarter of FY2014-15 as against Rs 87.62 crore in the same quarter of previous fiscal.
TV Today’s revenue from FM radio broadcasting in Q2 increased 3.18 per cent to Rs 4.21 crore as against Rs 4.08 crore in same period last fiscal.
Shares of TV Today closed at Rs 254.75 on BSE, up 1.84 per cent from previous close.