Nse: Tv18Brdcst – Introduction

Nse: Tv18Brdcst – Introduction

Nse:Tv18Brdcst:  TV18 Broadcast reported a 6% YoY fall in its consolidated income to ₹1,406 crores during March. Meanwhile, its net profit failed by over 75% YoY to ₹35 crores. During the quarter, the company completed the addition of Jio Cinema with itself. As a result, Cable TV and internet service provider reported a joined net loss of ₹14.6 crores during the March quarter. On the other hand, its revenue from processes rose by 2.4% YoY to ₹459 crores during the same date.

The future of TV18 broadcast share

TV18 Broadcast Ltd can be a profitable investment option if you seek frameworks with good returns. TV18 Broadcast Ltd’s quote is equal to 29.930 INR on 2023-04-13. Based on our forecasts, a long-term increase expects; the “Tv18 Broadcast Ltd” stock price prognosis for 2028-04-07 is 44.578 INR.

Nse: TV18 Brdcst, Network18 Top Line

TV18 Broadcast Ltd. and Network18 Media and Investments Ltd. reported a decline in revenue for the March quarter in their respective financial results announced on Monday. While TV18 Broadcast recorded a more than 75% decline in profit at Rs 35.19 crore, Network18 posted a loss of Rs 36.78 crore for the quarter under review. On the other hand, in the three calendar month to March 2023, Just Dial Ltd. saw its revenue rise by 5.

The company had dispatched a net profit of Rs 146.96 crore for the corresponding period of the previous fiscal, TV18 Broadcast said in a regulatory filing.

Combined revenue from actions of the company stood at Rs 1,425.37 crore for the quarter, as against Rs 1,474.70 crore a year ago. “Our emphasis on delivering value to the consumer, expanding the partner ecosystem, and raising profitability were the primary milestones during the past quarter,” TV18.
TV18 Broadcast Q4 Profit Falls

The business had posted a net profit of Rs 220.85 crore in the January-March old-fashioned of the former fiscal, TV18 Broadcast said in a controlling filing.

More About Revenue Nse: Tv18Brdcst

Its consolidated revenue from processes was down 6.03 percent to Rs 1,405.90 crore, associated with Rs 1,496.22 crore in the consistent quarter a year ago. On the other hand, TV18 Broadcast’s total expenditures were Rs 1,413.49 crore. Up 10.48 percent in the March quarter of 2022-23 associated with the year-ago date.

TV18 Broadcast, a minor of Network 18 Group, owns and functions several news and current affairs stations, which include CNN News18 and a host of general performing channels like MTV, VH1, Nickelodeon, and Colors.

During the quarter, its assistant Viacom18 finished the deal for a strategic partnership with Trust. Bodhi Tree Schemes, and Paramount Global to form one of the giant TV and also digital flowing businesses in India TV18 ”Viacom18’s strategic company with some of the biggest names in the media space is great news for the company. With talent, resources, and also technological capabilities. It can potentially alter the narrative of India’s M&E landscape.” As a result. Its consolidated net profit for the financial year ended March 31, 2023, failed 86.2 percent to Rs 127.77 crore. It was Rs 926.24 crore in FY22.

FAQs about TV18 Brdcst share

1. What is TV18 Broadcast’s share price, and what are the returns for TV18 Broadcast’s share?

TV18 Broadcast share price was Rs 29.60 on April 18, 2023, 03:58 PM IST. TV18 Broadcast’s share price was down by 3.58% based on the previous price of Rs 30.2.

Last 1 Month: TV18 Broadcast share price stimulated down by 0.84%

Latest 3 Months: TV18 Broadcast share price moved down by 17.43%

Last 12 Months: TV18 Broadcast share price. Stimulated down 60.48%

2. Must I buy, sell or hold TV18 Broadcast?

Ans. As per Refinitiv’s overall mean recommendation by one analyst. TV18 Transmission stock is to Strong Sell. The recommendation breakup is as follows.

One analyst is recommending Strong Sell.

3. What is 52 weeks’ high/low TV18 Broadcast share price?

Ans. In the last 52 weeks, the TV18 Program share had a high value of Rs 81.00 and a low cost of Rs 27.35

4. Who are the peers to associate TV18 Broadcast share price?

Within Television & Entertaining sector TV18 Broadcast, New Delhi Television Ltd., TV Today Net Ltd., Zee Media Company Ltd., Raj Television Network Ltd. BAG Films & Media Ltd. And also Vision Ltd. Sun TV Net Ltd., and Zee Entertainment Initiatives Ltd. are usually compared together by investors for analysis.

5. Who are the critical owners of Nse: Tv18Brdcst stock?

• Promoter holding has not changed in the last nine months and holds 60.4 stakes as on December 31, 2022
• Local Institutional Nominee’s holding has gone up from 0.17
• Foreign Institutional Depositors holding have gone down from 14. to 8.58.
• Another investor holding increased from 25.32 (December 31, 2021) to 29.42.

Nse: Tv18Brdcst stocks plunge over 7% after net profit falls

We wish to inform you that the Company’s Board of Management. At its summit detained today, April 17, 2023. Inter-alia accepted the Company’s Standalone and also Consolidated Financial Results for the area and year ended March 31, 2023. Accordingly, under Regulation 33 of the SEBI Regulations, 2015, we enclose the following: a. Standalone and Combined Financial Results of the Company for the quarter and year over March 31, 2023 b. Auditors Report on the Financial above Results.

Conclusion

tv18 Broadcast Ltd has knowledgeable BSE that the Company’s Board of Directors is scheduled among other things, to consider and approve the Audited Standalone and Combined Financial Results of the Business for the quarter and year ended March 31, 2023. Under the Company’s Code to Regulate. Monitor, and Report Trading by Designated Persons and Specified Connected Persons of the Company and Material Subsidiaries of the Company,