Tv Vision Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019
May 30, 2019 at 11:08 am EDT
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TV Vision Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2019 and audited consolidated earnings results for the year ended March 31, 2019. For the quarter, on standalone basis the company reported income from operations of INR 276.283 million as compared to INR 278.529 million for the same period last year. Total income was INR 276.283 million as compared to INR 278.446 million for the same period last year. Loss after tax was INR 138.889 million as compared to INR 84.679 million for the same period last year. Basic and diluted loss per share was INR 3.97 as compared to INR 2.42 for the same period last year.
For the year, on standalone basis the company reported income from operations of INR 1,172.715 million as compared to INR 1,230.447 million for the same period last year. Total income was INR 1,172.715 million as compared to INR 1,230.447 million for the same period last year. Loss after tax was INR 342.036 million as compared to INR 175.422 million for the same period last year. Basic and diluted loss per share was INR 9.79 as compared to INR 5.02 for the same period last year.
For the year, on consolidated basis the company reported income from operations of INR 1,172.715 million as compared to INR 1,234.626 million for the same period last year. Total income was INR 1,172.746 million as compared to INR 1,234.626 million for the same period last year. Loss after tax was INR 350.914 million as compared to INR 176.305 million for the same period last year. Basic and diluted loss per share was INR 10.04 as compared to INR 5.04 for the same period last year.
TV Vision Limited is engaged in the television channel broadcasting business. The Company is focused on content production and syndication. It is a multi-lingual content production house creating content in various Indian regional languages, including Marathi, Tamil, Kannada, Telugu and Gujarati, besides Hindi. Its broadcasting bouquet includes Mastiii, Maiboli, Dabangg and Dhamaal. Mastiii is a music & youth channel, and it offers peppy, romantic, retro and Bollywood blockbuster old and new Hindi songs. Dabangg is a regional entertainment channel which offers devotional shows, Bhojpuri movies and Hindi movies. Dhamaal is the youth focused regional channel for the territory of Gujarat, which includes music and gujjubhai gags along with shows, such as Dhamaal Ek Minut Ni and Dhamaal Youngsterni. Maiboli provides shows, such as Filmy Gappa. Its subsidiaries include UBJ Broadcasting Private Limited, MPCR Broadcasting Service Private Limited and HHP Broadcasting Services Private Limited.
Tv Vision Limited Reports Audited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2019 and Audited Consolidated Earnings Results for the Year Ended March 31, 2019