Results

Announces Q3 results & Limited Review Report for the Quarter ended December 31, 2014

| Updated on January 14, 2015 Published on January 14, 2015

TV18 Broadcast Ltd has announced the following results for the quarter ended December 31, 2014:

The Unaudited Standalone results for the Quarter ended December 31, 2014

The Company has posted a net profit of Rs. 335.176 million for the quarter ended December 31, 2014 as compared to Rs. 404.940 million for the quarter ended December 31, 2013. Total Income has increased from Rs. 1470.830 million for the quarter ended December 31, 2013 to Rs. 1508.852 million for the quarter ended December 31, 2014.

The Consolidated Results are as follows:

The Unaudited Consolidated results for the Quarter ended December 31, 2014

The Group has posted a net profit after tax, Share in profit of associated and minority interest of Rs. 603.799 million for the quarter ended December 31, 2014 where as the same was at Rs. 516.758 million for the quarter ended December 31, 2013. Total Income is Rs. 6112.339 million for the quarter ended December 31, 2014 where as the same was at Rs. 5315.280 million for the quarter ended December 31, 2013.

"Equator Trading Enterprises Private Limited ("Equator") (including its subsidiaries Panorama Television Private Limited and Prism TV Private Limited) had become wholly owned subsidiary of the Company with effect from January 22, 2014. Hence, the consolidated results of the current period include the results of these subsidiary companies. Eenadu Television Private Limited had also become an associate with effect from January 22, 2014 and its results have been accounted as “Associate” under Accounting Standard 23 on Accounting for Investments in Associates in Consolidated Financial Statements. To this extent, the results of this period are not comparable with the corresponding previous period."

Pdf Link: >Announces Q3 results & Limited Review Report for the Quarter ended December 31, 2014

Source : BSE - >www.bseindia.com

Published on January 14, 2015
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