Network18 appoints Arup Roy as business & product head of News18 Local
Arup Roy has joined Network18 Group as business and product head of News18 Local.
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Arup Roy has joined Network18 Group as business and product head of News18 Local.
Mumbai: Sohini Guharoy has joined Network18 Group as the head of audience growth. Guharoy has moved on from NDTV, where she was heading audience and social strategy. Before that, she set up the audience engagement team at The Quint. Her expertise lies in driving an integrated engagement and content strategy to accelerate audience engagement and revenue growth on platforms.
The initiative will kick off with a series of Round Table discussions on 27th November 2021.
Network18 Media & Investments rallied 2.86% to Rs 39.60 after the company's consolidated net profit surged 241.91% to Rs 205.80 crore on 3.40% decline in revenue from operations to Rs 1,414.70 crore in Q4 FY21 over Q4 FY20. Consolidated operating EBITDA jumped 24% to Rs 279 crore in Q4 FY21 as against Rs 225 crore in Q4 FY20. Operating EBITDA margin improved to 19.7% in Q4 FY21 as compared to 15.4% in Q4 FY20. The Q4 earnings were announced after market hours on Tuesday, 20 April 2021. The market was shut yesterday (21 April 2021) on account of Ram Navami. The Entertainment operating margins ...
TV18 Broadcast's consolidated net profit surged 83.9% to Rs 377.20 crore on 4.5% decrease in net sales to Rs 1,360.95 crore in Q3 December 2020 over Q3 December 2019. Profit received a boost from improved performance, lower finance costs & tax reversals. Consolidated profit before tax (PBT) jumped 21.6% to Rs 293.66 crore in Q3 December 2020 as against Rs 241.47 crore in Q3 December 2019. Tax rebate for the quarter stood at Rs 102.41 crore as against a tax expenditure of Rs 36.31 crore in Q3 December 2019. The Q3 result was declared after market hours yesterday, 19 January 2021. Consolidated ...