Revenue from operations was at Rs 3,069.32 crore in Q1 FY25, down 3.36% from Rs 3,176.03 crore posted in Q1 FY24.
The company reported a pre-tax loss of Rs 116.55 crore in Q1 FY25 as compared with a profit before tax of Rs 89.49 crore recorded in the same period a year ago.
The firm reported a negative operating EBITDA of Rs 109 crore in Q1 FY25 as against a negative operating EBITDA of Rs 54 crore registered in Q1 FY24.
TV18 Broadcast said that the overall profitability was impacted due to continued investments in Viacom18.
In TV News segment, the media company said that the TV portfolio delivered over 30% advertising growth during the quarter. The network leveraged its leadership positions across key markets and election-linked advertising tailwinds to deliver indus...
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