TV18 Broadcast Q4 profit surges to Rs 142 cr

April 23, 2020 16:19

Media firm TV18 Broadcast Ltd on Thursday reported nearly five-fold jump in consolidated net profit to Rs 141.83 crore for the March quarter of 2019-20 financial year. The company had posted a profit of Rs 29.90 crore for January-March 2018-19, TV18 Broadcast said in a regulatory filing. Revenue from operations was up 20.60 per cent to Rs 1,424.93 crore for the latest as against Rs 1,181.48 crore in the year-ago period. Total expenses were at Rs 1,254.89 crore as against Rs 1,193.50 crore earlier. The company said the outbreak of COVID-19 has no significant impact on its results. -- PTI

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