News Broadcasting
TV18 posts consolidated net profit in Q3
Restructuring and revised strategies seem to be working for TV18.
The TV 18 Group (consolidated) has posted a net profit of Rs 1.954 million for Q3 2001 on a total income of Rs 87.3 million for the same period.
The company has, after showing losses in the last eight quarters, posted a net profit of Rs 1.954 million in the third quarter of the year.
The group has, on a consolidated basis, reported profits after it showed losses of Rs 14.60 million in the last quarter. The company’s operating profit too has gone up from Rs 1.06 million in Q2 to Rs 11.60 million in Q3. Revenues during the three months ended December 2001 ended at Rs 77.20 million, up 19 per cent over the last quarter.
Revenues from business news operations have shot up by 18.3 per cent, and from the entertainment business by 43.7 per cent. Its wholly-owned subsidiary, E-18, posted flat revenues from operations, reports say.
MD Raghav Bahl had these comments to make on the company’s good showing: “TV18’s financial performance needs to be viewed from the perspective that the company had made huge investments in setting up operations for CNBC India over the last two years and thus the last eight quarters have really been the investment phase of the business, thereby reporting losses. I am pleased to report that the company has managed to reach its cash generation phase in this short span considering that long gestation periods are typical of this sector. Our target for 2002-03 is to build on the strong positive cash flows that we expect to generate from our CNBC India operations.”
The scrip was steady on bourses. On Bombay Stock exchange, it opened at Rs 97.35, moved in narrow band of Rs 93 – 100, and close at Rs 97 with more than 185,000 shares changing hands.
The company had last month, closed down the Chennai and Kolkata offices and are now centering operations in Bangalore, Mumbai and Delhi. TV18 officials had attributed the move to reduction in unnecessary physical infrastructure and had said the company would be using the resources to strengthen its news gathering elsewhere.
News Broadcasting
News18 India to air Sabse Bada Dangal on 4 May counting day
Channel promises fastest results, live trends and analysis across five states.
MUMBAI: Ballots will do the talking and screens will do the shouting. As counting day approaches for high-stakes Assembly elections across West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, News18 India is gearing up for an all-day broadcast of its flagship election show, Sabse Bada Dangal, on 4 May from 6 am onwards. The Hindi news channel plans to deliver continuous, real-time updates as votes are tallied, combining live counting data with on-ground reporting and studio analysis. With political fortunes set to shift through the day, the coverage will track every swing, surge and surprise as trends turn into results.
The broadcast will feature a mix of senior political leaders, analysts and experts, offering instant reactions and decoding the evolving electoral picture. Expect heated debates, quick takes and detailed breakdowns as the numbers settle across all five states.
For News18 India, counting day has long been a high-visibility moment. The network is banking on its reporting reach, editorial bandwidth and technology-driven coverage to stay ahead in what is often a fiercely competitive news cycle.
With multiple battlegrounds and shifting narratives, the day promises both drama and data in equal measure. And if all goes to plan, Sabse Bada Dangal will once again turn the counting of votes into prime-time spectacle.
