TV18 Broadcast Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 19,529.5 million compared to INR 20,726.3 million a year ago. Revenue was INR 18,413.2 million compared to INR 18,229.2 million a year ago. Net loss was INR 122.9 million compared to net income of INR 416.4 million a year ago. Basic loss per share from continuing operations was INR 0.07 compared to basic earnings per share from continuing operations of INR 0.24 a year ago.
For the nine months, sales was INR 77,553.2 million compared to INR 52,736.2 million a year ago. Revenue was INR 72,080.1 million compared to INR 46,017 million a year ago. Net income was INR 31.2 million compared to INR 809.9 million a year ago. Basic earnings per share from continuing operations was INR 0.02 compared to INR 0.47 a year ago.