TV18 Broadcast Ltd has reported consolidated financial results for the period ending December 31, 2022.
Financial Results (Q3 FY2023) – QoQ Comparison
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹1822.92 crs | ₹1483.42 crs |  22.89% |
| Net Profit | ₹41.64 crs | ₹5.69 crs | 631.81% |
| EPS | ₹0.24 | ₹0.03 | 700.00% |
Financial Results (Q3 FY2023) – YoY Comparison
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹1822.92 crs | ₹1592.66 crs | 14.46% |
| Net Profit | ₹41.64 crs | ₹200.34 crs |  -79.22% |
| EPS | ₹0.24 | ₹1.17 | -79.49% |
- Soft Ad Demand Impeded Growth & Profitability
- Saw Strong Audience Traction Across Verticals
- Continued Softness In Macroeco Environment Dampened Ad Demand
- Total Ad Inventory On TV Declined By 10% YoY, News Category Saw A Drop Of 27%
- Ad Revenue Of Both News & Entertainment Segments Declined YoY
- Invest In New Initiatives, Digital Ent & Sports Had – ₹3I40 Cr Contribution To EBITDA
- News Revenue is down 6% At 3327 Cr Vs 3347 Cr (YoY)
- Entertainment Revenue is up 18% At t 1,441 Cr Vs t 1,220 Cr (YoY)
- Subscription Revenue is up 8% At 3490 Cr Vs 3455 Cr (Vol)
Share Price
TV18 Broadcast Ltd is currently 25% down this year.
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