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TVTODAY — TV Today Network News Story

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Indian news broadcaster TV Today falls on Q3 profit slump

** Shares of 'Aaj Tak' news channel owner TV Today Network
Ltd  TVTO.NS  fall 5% to 169.9 rupees 
    ** Co Q3 net profit slumps 70% y/y to 87.3 mln rupees ($1.01
mln)
    ** Q3 revenue from operations declines 9.87% to 2.37 bln
rupees, led by weakness in mainstay television and media segment
    ** Expenses rise 1.3% y/y, led by higher employee costs
    ** With session's loss, stock extends 12-month decline to
~30%


($1 = 86.6575 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))

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