Media firm TV18 Broadcast Ltd on Tuesday reported an over two-fold increase in consolidated net profit to Rs 115.55 crore for the September quarter. The company had posted a net profit of Rs 46.55 crore in the July-September period of the previous fiscal, TV18 Broadcast said in a regulatory filing. However, its consolidated revenue from operations dipped 10.14 per cent to Rs 1,012.80 crore for the quarter under consideration, as against Rs 1,127.13 crore in the corresponding period a year ago. Total expenses were at Rs 909.82 crore compared to Rs 1,104.13 crore earlier, down 17.59 per cent. TV18 Broadcast Chairman Adil Zainulbhai said the company's broadcasting businesses have recovered from the impact of the COVID-19 pandemic to a "very large degree". "Our proactive measures on cost-control have resulted in much-improved profitability across both News and Entertainment, despite certain market segments still suffering from pressures due to the coronavirus," he added. Advertisemen
TV18 BROADCAST LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2020 ,inter alia, to consider and approve Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30,2020. 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 October 1, 2020 will end 48 hours after the results are made public on October 27, 2020.
Please find enclosed herewith the certificate from the Practicing Company Secretary in terms of Regulation 40(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for half year ended September 30,2020
TV18 BROADCAST LTD. - 532800 - Statement Of Investor Complaints For The Quarter Ended September 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0000 Name of the Signatory :- Ratnesh RukhariyarDesignation :- Company Secretary and Compliance Officer