TV Today Network Q4 net soars 74% to Rs 15 crore

Net sales during the quarter under review stood at Rs 140.2 crore, up 22.9%

TV Today Network Q4 net soars 74% to Rs 15 crore
Press Trust of India New Delhi
Last Updated : May 26 2016 | 12:04 PM IST
Media firm TV Today Network today reported a rise of 74.2% in its standalone net profit at Rs 15.1 crore for the fourth quarter ended March.

The company had posted a net profit of Rs 8.7 crore in the same period of the previous fiscal.

Net sales during the quarter under review stood at Rs 140.2 crore, up 22.9% compared with Rs 114.2 crore in the year-ago period, TV Today said in a BSE filing.

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For the year 2015-16, the company reported a net profit of Rs 94.3 crore as against Rs 81 crore in the previous fiscal.

TV Today Network's net sales in the year 2015-16 stood at Rs 542.1 crore as against Rs 474.7 crore in the previous year.

Meanwhile, in a separate filing, the firm said its board has recommended a final dividend of Rs 1.75 per share for 2015-16.

The stock was 7.79% down at Rs 305.80 on BSE.

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First Published: May 26 2016 | 11:32 AM IST

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