MUMBAI: The bean counters at TV Today Network have been busy, and their meticulous work has unearthed some rather telling figures for both the quarter and the full financial year ending March 31, 2025. It seems the broadcast bigwigs are truly raking it in, with revenues and profits looking healthier than a freshly minted pundit on prime time.
For the quarter ended March 31, 2025, the network saw its revenue from operations climb to Rs 249.17 crores, up from Rs 247.37 crores in the same quarter last year. Total income for the quarter stood at Rs 261.26 crores, a neat bump from Rs 256.47 crores in the prior year’s comparable period. Despite a slight uptick in total expenses to Rs 253.28 crores from Rs 233.31 crores, the company still managed a respectable profit before tax from continuing operations of Rs 7.98 crores, though it was a dip from Rs 23.16 crores reported in the same quarter of the previous year. The net profit for the quarter, however, took a bit of a tumble, landing at Rs 6.23 crores compared to Rs 11.20 crores last year. Basic and diluted earnings per share from continuing operations for the quarter were Rs 1.04, down from Rs 2.84 previously.
Looking at the full financial year ended March 31, 2025, TV Today has certainly been on a roll. Revenue from operations soared to Rs 993.02 crores, a significant jump from Rs 935.91 crores in the previous financial year. The total income followed suit, hitting Rs 1,038.73 crores compared to Rs 973.56 crores in the year prior. While total expenses nudged up to Rs 927.61 crores from Rs 876.97 crores, the company still reported a strapping profit before tax from continuing operations of Rs 111.12 crores, a noticeable improvement from Rs 96.59 crores. The net profit for the year was Rs 74.83 crores, quite the spectacle when pitted against Rs 56.39 crores in the last financial year. This translates to basic and diluted earnings per share from continuing operations of Rs 13.86, a rise from Rs 11.90.
It’s worth noting the discontinued radio broadcasting operations, which saw a pre-tax loss of Rs 0.03 crores for the quarter and a yearly loss of Rs 10.54 crores, though this is an improvement from the Rs 19.53 crores loss last year. The after-tax loss from these operations was Rs 0.02 crores for the quarter and Rs 7.89 crores for the year, a marked improvement from the previous year’s loss of Rs 14.61 crores. This means the radio business, which is being sold for Rs 20 crores, is no longer broadcasting negative vibes on the balance sheet.
The chaps at the company are certainly dialling up the good vibes, as their board of directors — led by the ever-present chairman and whole time director Aroon Purie — has just given the nod to a rather fetching final dividend for the financial year ended March 31, 2025. Shareholders are set to pocket a handsome Rs 3 per equity share, a 60 per cent return on the Rs 5 face value. Talk about a cracking payout!
