TV18 BROADCAST LTD. - 532800 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release of Viacom 18 Media Private Limited28-02-2024
28-02-2024
TV18 Broadcast Q3 FY24 results: Revenue decreased by 5.18% YoY & loss at 12.29Cr
TV18 Broadcast declared their Q3 FY24 results on 16 Jan, 2024. The topline decreased by 5.18% & the loss came at 12.29cr.19-01-2024
Q3FY24 Quarterly Result Announced for TV18 Broadcast Ltd.
Broadcasting & Cable TV company TV18 Broadcast announced Q3FY24 results: Financial Performance Consolidated Revenue: Q3 consolidated revenue declined by 5% YoY, resulting in Rs 1,676 crore, primarily due to lower Movie Studio revenue. Operating Revenue: TV News revenue increased by 23% YoY, amounting to Rs 402 crore, while Entertainment revenue decreased by 12% to Rs 1,274 crore. Operating EBITDA: TV News reported a 253% increase in operating EBITDA YoY, reaching Rs 47 crore. The entertainment segment reported an EBITDA loss, which was not meaningful to quantify due to the investment phase in Sports and Digital. Operating Highlights TV News Network: Maintained a strong market position with an all-India viewership share of 10.6%, and key channels like CNBC TV18 had an 80%+ viewership share in their segment. Colors TV Network: Achieved 207 GRPs (U 15+) with 60%+ growth in ratings since the start of the fiscal year. JioCinema: Consolidated its position as India's leading OTT platform with a comprehensive entertainment and sports content catalog. Colors Cineplex: Grew by 160bps QoQ, reaching the #4 position in the Hindi movie genre. Advertising Revenue: The growth in this segment was attributed to strong viewership in key markets, despite a decline in genre advertising inventory. Investments in Editorial Expansion: Resulted in both strong operating and financial performance. Adil Zainulbhai, Chairman of TV18, stated, "We are pleased to have announced the merger of our TV and Digital news businesses, which will not only help us serve our consumers better and realize synergies across different segments, but it will also give a unique opportunity to all our shareholders to participate in the media business of the group through a single listed entity. All our businesses are gathering momentum at the right time as the economic outlook continues to improve against the backdrop of a resilient performance by the Indian economy. As we have stated in the past, we believe that the Indian media sector has a long runway for growth and our strong positions across segments give us a perfect launchpad to capture this opportunity." Result PDF16-01-2024
TV18 BROADCAST LTD. - 532800 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Investors'' Update - Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 202316-01-2024
TV18 BROADCAST LTD. - 532800 - Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31, 2023
Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 202316-01-2024
TV18 BROADCAST LTD. - 532800 - Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2023
TV18 BROADCAST LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/01/2024 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2023. Pursuant to the 'Company's Code to Regulate, Monitor and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company,' the Trading Window Close Period which had commenced on January 1, 2024 will end 48 hours after the results are made public on January 16, 2024.09-01-2024
TV18 BROADCAST LTD. - 532800 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
The Company has received an order dated December 31, 2023 from the Joint Commissioner , Corporate Circle, Noida, Gautambudha Nagar (A), Utter Pradesh levying a penalty of Rs. 19,526 under Section 73 of GST Act, 2017 for alleged availing of excess input tax credit during the financial year 2017-18.01-01-2024
TV18 BROADCAST LTD. - 532800 - Closure of Trading Window
This is to inform you that trading window close period, pursuant to the "TV18 Code to Regulate, Monitor and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company "will commence from January 1, 2024 and it shall end 48 hours after the Financial Results for the quarter and nine months ended December 31, 2023 become generally available information.29-12-2023
Global AI Conclave: Key insights divulged by speakers at the event so far
More than 15 sessions, led by influential AI speakers, policymakers, and successful entrepreneurs, promise valuable insights. The event, being hosted by CNBC-TV18 and Moneycontrol at Bengaluru's JW Marriott on December 16, features AI startup demonstrations, compelling case studies, and immersive learning experiences, offering attendees a comprehensive understanding of the transformative power of Artificial Intelligence across industries.16-12-2023