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TV Today Network reports higher numbers for Q3 2018

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BENGALURU: TV Today Network Limited (TVTN) reported 23.2 per cent y-o-y increase in standalone revenue from operations in the quarter ended 31 December 2017 (Q3 2018, quarter under review) to Rs 173.59 crore as compared to Rs 140.88 crore in Q3 2017. Profit after tax (PAT) for Q3-2018 increased 35.8 per cent y-o-y to Rs 35.73 crore (20.6 per cent margin) as compared to Rs 26.32 crore (18.7 per cent margin).

EBITDA calculated for Q3-2018 at Rs 57.16 crore (32.9 per cent margin) increased 36.5 per cent y-o-y as compared to Rs 41.88 crore (29.7 per cent margin).

Segment revenue

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TVTN’s Television Broadcasting segment (TV segment) reported a 22.6 per cent y-o-y increase in operating revenue in Q3-2018 at Rs 167.03 crore as compared to Rs 136.26 crore. Operating profit from the segment in the quarter under review increased 35.9 per cent y-o-y to Rs 56.19 crore as compared to Rs 41.35 crore.

The company’s radio segment reported more than 2.25 times operating revenue at Rs 6.56 crore as compared to Rs 2.62 crore in Q2 2018. The segment’s operating loss in the current quarter was higher at Rs 5.84 crore as compared to the operating loss of Rs 5.67 crore in Q3-2017.

Let us look at the other numbers reported by TV Today

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Total expenditure in Q3-2018 at Rs 124.54 crore was 17.4 per cent higher y-o-y as compared to Rs 106.60 crore. Production cost in Q3-2018 increased 4.9 per cent y-o-y to Rs 15.76 crore as compared to Rs 15.02 crore.

Employee benefit expense in the quarter under review at Rs 43.82 crore (24.9 per cent of TIO) was 20.1 per cent higher y-o-y as compared to Rs 36.49 crore.

Other expenses in Q3-2018 at Rs 56.85 crore were 19.7 per cent higher y-o-y as compared to Rs 47.49 crore.

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TV Today numbers up

India Today Group CEO Ashish Bagga resigns

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News Broadcasting

Rising Bharat Summit 2026 spotlights India’s global ascent

PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.

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MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.

Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.

Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.

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Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.

Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.

The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.

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Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.

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