TV18 Broadcast Q4 PAT soars 77% to Rs 251 cr : vimarsana.com

TV18 Broadcast Q4 PAT soars 77% to Rs 251 cr


On a consolidated basis, TV18 Broadcast's net profit surged 77.02% to Rs 251.08 crore on 5.40% decline in revenue from operations to Rs 1,347.94 crore in Q4 FY21 over Q4 FY20.
Consolidated operating EBITDA jumped 16% to Rs 279 crore in Q4 FY21 as against Rs 240 crore in Q4 FY20. Operating EBITDA margin improved to 20.7% in Q4 FY21 as compared to 16.9% in Q4 FY20. The Q4 result was announced made after market hours yesterday, 20 April 2021.
The group debt sharply reduced to Rs 893 crore in March 2021, from Rs 1,775 crore in March 2020.
Entertainment operating margin are stood at 19% during Q4 FY21 while News margins rose to its highest ever levels of 27% in Q4 FY21, led by 5% Y-o-Y (year-on-year) revenue growth. The consolidated revenue ex-film production remained flat Y-o-Y despite deferral of award shows.

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