TV Today Network Q1 FY 21 PAT at Rs 12.77 crores

Posted in:

TV Today Network on Friday reported the financial results for the quarter ending June 30, 2020. TV Today’s net profit was dragged by the impact of COVID-19 which halved in Q1 to Rs 12.77 crores compared to the previous quarters.

TV Today Network Logo

Results at a glance

  • Total revenue at Rs 175.45 crores
  • Total expenses at Rs 147.63 crores
  • Net Profit at Rs 12.77 crores
  • Television broadcasting revenue at Rs 137.79 crores

TV Today’s total income came down from Rs 216.39 crores in the previous quarter to Rs 175.45 crores in Q1 FY 21. TV Today’s total expenses stood at Rs 147.63 crores, down from Rs 171.14 crores in the previous quarter. The net profit stood at Rs 12.27 crores, down from Rs 29.24 crores in the previous quarter.

The segment revenue from television broadcasting stood at Rs 137.79 crores, down from Rs 169.07 in the previous quarter. The segment result from television broadcasting stood at Rs 25.56 crores, down from Rs 37.74 crores in the previous quarter.

The company has also discontinued the print publication of English Daily Newspaper ‘Mail Today’ with effect from 10th August, 2020, giving the viability of print media in the current situation with the publication now set to be published in the digital mode.

DreamDTH is the source for breaking news and exclusive updates in DTH and Television industry! For the latest news and updates, follow us on Twitter, Google News, Telegram and Facebook. For the latest videos updates, subscribe to our YouTube channel.

Avatar of Basil Kannagi Arasu
Basil Kannagi Arasu


Basil currently works as the Editor-in-chief at DreamDTH. He likes to write and cover the latest happenings in the Media and Entertainment Industry in India. You can always find him browsing his phone.

Notify of
Inline Feedbacks
View all comments

Visit our forums

Join the discussions with thousands of active members who share the same interests as you and learn something new...