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| Exchange Disseminated Time | TV18 Broadcast Ltd has announced the following results for the quarter & year ended March 31, 2015:
The Standalone Results are as follows :
The Unaudited results for the Quarter ended March 31, 2015
The Company has posted a net profit after tax of Rs. 609.010 million for the quarter ended March 31, 2015 as compared to Rs. 175.536 million for the quarter ended March 31, 2014. Total Income has increased from Rs. 1561.453 million for the quarter ended March 31, 2014 to Rs. 1837.663 million for the quarter ended March 31, 2015.
The Audited results for the Year ended March 31, 2015
The Company has posted a net profit after tax of Rs. 146.302 million for the year ended March 31, 2015 as compared to Rs. 592.105 million for the year ended March 31, 2014. Total Income has increased from Rs. 5314.526 million for the year ended March 31, 2014 to Rs. 6207.014 million for the year ended March 31, 2015.
"The Consolidated Results are as follows :
The Unaudited Consolidated results for the Quarter ended March 31, 2015
The Group has posted a net profit after taxes, share in profit of associate and minority interest of Rs. 954.745 million for the Quarter ended March 31, 2015 where as the same was at Rs. 359.079 million for the Quarter ended March 31, 2014. Total Income is Rs. 6584.854 million for the Quarter ended March 31, 2015 where as the same was at Rs. 5722.576 million for the Quarter ended March 31, 2014.
The Audited Consolidated results for the Year ended March 31, 2015
The Group has posted a net profit after taxes, share in profit of associate and minority interest of Rs. 445.375 million for the year ended March 31, 2015 where as the same was at Rs. 1036.319 million for the year ended March 31, 2014. Total Income is Rs. 23697.353 million for the year ended March 31, 2015 where as the same was at Rs. 20005.418 million for the year ended March 31, 2014.
- Equator Trading Enterprises Private Limited ("Equator") (including its subsidiaries Panorama Television Private Limited and Prism TV Private Limited) had become wholly owned subsidiary of the Company with effect from January 22, 2014. Hence, the consolidated results of the current period include the results of these subsidiary companies. Eenadu Television Private Limited had also become an associate with effect from January 22, 2014 and its results have been accounted as "Associate" under Accounting Standard 23 on Accounting for Investments in Associates in Consolidated Financial Statements. To this extent, the results of this period are not comparable with the corresponding previous period." |
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