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TV Today Network today reported a standalone net profit of Rs 12.83 crore for the second quarter ended September 30.
The company had posted net loss of Rs 9.15 crore during the same period of the previous fiscal, TV Today Network said in a filing to the BSE.
TV Today Network's net sales rose by 35.94% to Rs 91.45 crore in the July-September quarter from Rs 67.27 crore a year earlier.
Revenue from TV broadcasting increased by 35.50% to Rs 87.62 crore this quarter from Rs 64.66 crore in the same quarter in the previous year.
TV Today's revenue from FM radio broadcasting increased by 53.96% to Rs 4.08 crore from Rs 2.65 crore in second quarter of last year.
The company's shares closed at Rs 108.65 on the BSE, down 2.86% from their previous close.
