TV Today Network profit drops by 46.3% to Rs 6.15 crore in Q4FY25
However, in full fiscal 2025, TV Today Network's profit surged to Rs 74.53 crore--up 32% year-on-year.
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TV Today Network reported a significant 46.3 percent decline in net profit for the fourth quarter of fiscal year 2025, as it continues to recalibrate its business strategy and divest from radio broadcasting.
The company’s quarterly profit fell to ₹6.15 crore, down from ₹11.46 crore in the same period a year earlier. The slump in earnings came despite a slight uptick in operating revenue, which edged up to ₹249.17 crore from ₹247.37 crore in the year-ago quarter.
Still, on an annual basis, the media group recorded a strong performance. Net profit for the full fiscal year surged 32 percent to ₹74.53 crore, up from ₹56.38 crore in fiscal year 2024, buoyed by broader operational gains. For the year ended March 31, 2025, total income reached ₹1,038.73 crore, reflecting the company’s footprint in television and digital media.
The quarterly results come amid a strategic pivot by TV Today Network to exit the FM radio business. In February, the company signed a Memorandum of Understanding with Creative Channel for the proposed sale of its radio assets, including three stations operating under the 104.8 FM brand in Mumbai, Delhi, and Kolkata, for ₹20 crore. The sale is expected to be conducted either directly or through the company’s wholly owned subsidiary, Vibgyor Broadcasting Private Limited.
In line with this restructuring, the company’s board approved the formal closure of its FM radio operations in fiscal 2025. TV Today has since filed an application with the Ministry of Information and Broadcasting seeking regulatory clearance for the business transfer to Vibgyor.
In March, the parent firm invested ₹9.4 crore in Vibgyor via a rights issue, acquiring 94 lakh equity shares at ₹10 apiece.
Financial disclosures show that the radio segment generated ₹14.16 crore in revenue for the year but posted a pre-tax loss of ₹10.54 crore and a net loss of ₹7.89 crore.
