Television Eighteen (TV18) has announced its first quarter numbers. It has reported net loss of Rs 5.28 crore for the quarter ended June 2008 as against profit of Rs 4.84 crore in same period of last year.
Income from operations increased at Rs 92.99 crore from Rs 68.15 crore YoY.
Income from news operations stood at Rs 75.33 crore versus Rs 57.92 crore and net profit from news operations at Rs 12.66 crore versus Rs 12.39 crore, YoY.
Web arm revenues also increased at Rs 13.15 crore from Rs 9.34 crore while net loss stood at Rs 7.79 crore versus loss of Rs 2.9 crore (YoY).(Note: Web18, which owns Moneycontrol.com and Indiaearnings.com, belongs to the Network 18 Group).
No comments:
Post a Comment