Brief: India's TV Today Network March Quarter Net Profit Falls

TV Today Network

20/05/2019 10:03

May 20 (Reuters) - TV Today Network Ltd  TVTO.NS :
    * APPROVED EQUITY INVESTMENT OF AN AMOUNT NOT EXCEEDING
500,000
RUPEES IN VIBGYOR BROADCASTING PRIVATE LIMITED 
    * MARCH QUARTER NET PROFIT 202.2 MILLION RUPEES VERSUS
PROFIT
326.2 MILLION RUPEES YEAR AGO
    * MARCH QUARTER REVENUE FROM OPERATIONS 1.66 BILLION  RUPEES
VERSUS 1.81 BILLION RUPEES YEAR AGO
    * RECOMMENDED DIVIDEND OF 2.25 RUPEES PER SHARE
    * DECIDED TO WITHDRAW APPLICATION FROM MINISTRY OF
INFORMATION &
BROADCASTING TO TRANSFER RADIO BUSINESS TO ENTERTAINMENT NETWORK
(INDIA)

Source text: http://bit.ly/2WmrJAp
Further company coverage:  TVTO.NS 

 ((Reuters.Briefs@thomsonreuters.com;))