TV18 Broadcast Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 20,828.8 million compared to INR 17,269.1 million a year ago. Revenue was INR 19,890.2 million compared to INR 14,834.2 million a year ago. Net loss was INR 289.2 million compared to net income of INR 56.9 million a year ago. Basic loss per share from continuing operations was INR 0.17 compared to basic earnings per share from continuing operations of INR 0.03 a year ago.
For the six months, sales was INR 58,023.7 million compared to INR 32,009.9 million a year ago. Revenue was INR 53,666.9 million compared to INR 27,787.8 million a year ago. Net income was INR 154.1 million compared to INR 393.5 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to INR 0.23 a year ago.