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Tuesday, Jul 26, 2005

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Corporate Results - Radio/TV


TV18 Q1 net up 29%

Our Bureau

NEW DELHI: Television Eighteen has registered a 29-per cent rise in net profit for the first quarter of the current fiscal at Rs 8 crore, up from Rs 6.20 crore recorded during the same period last year. Total revenues grew 55 per cent to Rs 26.61 crore (Rs 16.94 crore).

"This quarter has been very heartening for Awaaz, which has emerged as the fastest growing news channel in the country. We have been seeing an average growth rate of 20 per cent on a week-on-week basis in viewership for Awaaz for the last two months," said Mr Raghav Bahl, Managing Director, Television Eighteen.

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