Profit after tax increased to Rs 7.89 crore (Rs 7.35 crore), up 7.3 per cent in the quarter, the company said.
The company has notched up major part of its revenues from the domestic sector. The consolidated PBIT from its Indian operations have jumped to Rs 19.4 crore (Rs 15.5 crore), up 25 per cent.
Commenting on the performance, Madhavan Menon, MD, TCIL, said, "The company has registered a considerable growth in the topline. Both the revenue and profitability have risen by leveraging on the expanded network and improving operating margins owing to the strong synergy between TCIL and LKP Forex Ltd."
This year the company would be looking at launching of an online business portal and focus on domestic tourism and expanding in the Tier II and Tier III cities.
It launched a Post- Graduate Business Management in Tourism Programme with NMIMS and also supported the launch of travel and lifestyle magazine Globe Trekker. Hikal PAT jumps 47% in FY08
Drug manufacturer Hikal has posted a profit after tax of Rs 50 crore for the year ended March 31, 2008, 47 per cent higher than the Rs 33.8 crore posted in the previous year. Net sales went up 29 per cent to Rs 301 crore (Rs 234 crore).
Television Eighteen Q4 net up 25.6 per cent
Television Eighteen India has posted a net profit of Rs 18.95 crore for the fourth quarter ended March 31, 2008, up 25.57 per cent from Rs 15.09 crore in the corresponding previous quarter. Its revenues went up to Rs 111.80 crore (Rs 68.08 crore) in the quarter.
Net profit for the year ended March 31, 2008, was Rs 41.68 crore compared with Rs 17.51 crore during FY07. Total revenue increased to Rs 326.59 crore (Rs 201.39 crore) during the year.
Raghav Bahl, managing director, Television Eighteen, said, "Our news channels continue to lead in the business news genre. Revenues from all properties are showing solid growth. Acquisition of Infomedia is underway and should soon be completed. We have forged a JV with Jagran Prakashan to launch a Hindi business newspaper and also preparing to enter the English business newspaper market."
Television Eighteen's consolidated net profit for the quarter ended March 31, 2008, stood at Rs 12.48 crore.
During the quarter, total revenue was Rs 147.86 crore. It reported a consolidated net profit at Rs 25.52 crore for FY08. Total income was Rs 437.38 crore.
