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The strong earnings show was led by a phenomenal performance by its OTT platform- JioCinema during IPL cricket league, a PTI report said. The company had posted a net profit of Rs 60.02 crore in the April-June period of the preceding fiscal, TV18 Broadcast said in a regulatory filing.
Viacom18, a company in which Network18's subsidiary TV18 holds a 13.54% stake, has digital rights to the IPL. In the same quarter of the previous fiscal year, the company recorded revenue of Rs 1,340 crore. The company reported an operating loss of Rs 84 crore for the quarter, compared to a profit of Rs 46 crore a year ago.
New Delhi [India], May 4 (ANI/NewsVoir): MTAP Technologies, a software company, is disrupting the transport automation sector with its cutting-edge SaaS solutions, transforming the fleet industry. The bootstrapped start-up provides SaaS products that streamline corporate and school transport operations and empower cab operators, ensuring complete fleet visibility, enhanced customer satisfaction & safety, seamless and cost-efficient operations and hassle-free commuting. As a location-based service provider, MTAP is spearheading the latest industrial revolution through its innovative & a...
ICICI Lombard Insurance, Schaeffler India, CRISIL and Tata Coffee will be among the stocks in focus as they will be declaring their March quarter earnings today.
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