Media group Network 18 on Wednesday said its consolidated profit before tax stood at Rs. 29.4 crore from the April 2014-March 2015 fiscal, against a loss of Rs. 68.5 crore in the corresponding period of previous year.
A statement issued by the company, now a part of the Reliance Industries group, said the operating revenues on a consolidated basis stood at Rs. 3,126.6 crore up by 16 percent from Rs. 2,692.4 crore during the previous financial year.
As per the company, regional entertainment and news channels showed strong growth.