The company had registered a net profit of Rs 8.61 crore in the April-June quarter in the previous fiscal, TV18 Broadcast said in a BSE filing.
Its total consolidated income during the quarter under review fell 22.8 per cent to Rs 210.7 crore, from Rs 273 crore in the same quarter a year earlier.
Total expenses during the quarter were down 21.3 per cent at Rs 239.2 crore.
The stock was trading lower by 12 per cent at Rs 41.35 in afternoon trade.