TV18 Broadcast has reported consolidated net sales of Rs 1,473.43 crore in the September 2022 quarter, a 12.66 per cent jump as compared with Rs 1,307.90 crore in the year-ago period. Its quarterly net profit declined 95.96 per cent YoY to Rs 5.69 crore, compared with Rs 140.86 crore a year ago.
Its Ebitda (earnings before interest, tax, depreciation and amortisation) stood at Rs 50.64 crore in the second quarter of 2022-23, a decline of 80.13 per cent from Rs 254.82 crore in the corresponding quarter last year.
TV18 Broadcast’s earnings per share (EPS) decreased to Rs 0.03 in the September 2022 quarter, from Rs 0.82 a year ago.
On a standalone basis, TV18 Broadcast’s net sales stood at Rs 297.67 crore in the September 2022 quarter, a fall of 0.96 per cent from Rs 300.57 crore a year ago. Quarterly net loss stood at Rs 12.47 crore in Q2FY23, down 139.68 per cent from Rs 31.43 crore in the year-ago quarter. Its Ebitda stood at Rs 4.14 crore, a 93.38 per cent decline from Rs 62.52 crore a year ago.
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