Network18 Q4 results: TV news revenue up 28% to Rs 461 crore Y-o-Y

Network18’s TV news business on Friday reported Rs 461 crore as revenue in the fourth quarter of Financial Year 2023-24 (Q4 FY24). This is a 28 per cent increase compared to Rs 360 crore reported during the same period last year.

The revenue for the full FY24 stood at Rs 1,556 crore, up 24 per cent compared to Rs 1,252 crore at the end of FY23.

Operating earnings before interest, taxes, depreciation, and amortisation (ebitda) for Q4 FY24 was Rs 66 crore, a two per cent increase from Rs 65 crore year-on-year (Y-O-Y).