TV18 Broadcast Ltd
NSE:TV18BRDCST
Income Statement
Earnings Waterfall
TV18 Broadcast Ltd
Revenue
|
80.5B
INR
|
Cost of Revenue
|
-52.6B
INR
|
Gross Profit
|
27.9B
INR
|
Operating Expenses
|
-32.8B
INR
|
Operating Income
|
-4.9B
INR
|
Other Expenses
|
5.3B
INR
|
Net Income
|
383.1m
INR
|
Income Statement
TV18 Broadcast Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
18 796
N/A
|
19 681
+5%
|
20 997
+7%
|
21 702
+3%
|
22 519
+4%
|
23 184
+3%
|
20 637
-11%
|
17 377
-16%
|
13 782
-21%
|
9 249
-33%
|
8 626
-7%
|
8 747
+1%
|
8 770
+0%
|
9 794
+12%
|
9 878
+1%
|
9 752
-1%
|
9 963
+2%
|
14 752
+48%
|
23 443
+59%
|
33 154
+41%
|
45 190
+36%
|
49 427
+9%
|
50 520
+2%
|
49 808
-1%
|
49 315
-1%
|
51 749
+5%
|
47 533
-8%
|
46 390
-2%
|
45 746
-1%
|
44 976
-2%
|
48 767
+8%
|
51 718
+6%
|
53 779
+4%
|
55 262
+3%
|
56 363
+2%
|
58 018
+3%
|
60 024
+3%
|
59 121
-2%
|
78 231
+32%
|
81 438
+4%
|
80 523
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 588)
|
(5 676)
|
(5 874)
|
(6 345)
|
(6 957)
|
(9 170)
|
(6 568)
|
(5 078)
|
(3 040)
|
(1 756)
|
0
|
0
|
0
|
(2 112)
|
0
|
0
|
(553)
|
(5 108)
|
(9 228)
|
(14 737)
|
(21 884)
|
(24 685)
|
(24 846)
|
(24 072)
|
(22 657)
|
(23 959)
|
(21 015)
|
(20 150)
|
(18 883)
|
(17 715)
|
(19 226)
|
(20 648)
|
(22 177)
|
(23 441)
|
(24 500)
|
(26 975)
|
(30 959)
|
(30 685)
|
(48 069)
|
(52 549)
|
(52 607)
|
|
Gross Profit |
14 208
N/A
|
14 005
-1%
|
15 123
+8%
|
15 357
+2%
|
15 562
+1%
|
14 014
-10%
|
14 069
+0%
|
12 299
-13%
|
10 742
-13%
|
7 493
-30%
|
0
N/A
|
0
N/A
|
0
N/A
|
7 682
N/A
|
0
N/A
|
0
N/A
|
2 158
N/A
|
9 644
+347%
|
11 943
+24%
|
18 417
+54%
|
23 306
+27%
|
24 742
+6%
|
25 674
+4%
|
25 737
+0%
|
26 659
+4%
|
27 790
+4%
|
26 520
-5%
|
26 241
-1%
|
26 863
+2%
|
27 261
+1%
|
29 540
+8%
|
31 069
+5%
|
31 602
+2%
|
31 821
+1%
|
31 863
+0%
|
31 043
-3%
|
29 065
-6%
|
28 436
-2%
|
30 162
+6%
|
28 889
-4%
|
27 916
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12 916)
|
(12 436)
|
(13 519)
|
(13 569)
|
(13 779)
|
(11 862)
|
(12 533)
|
(11 400)
|
(10 143)
|
(6 526)
|
(7 643)
|
(7 812)
|
(8 062)
|
(7 927)
|
(10 134)
|
(9 907)
|
(9 647)
|
(9 759)
|
(13 962)
|
(17 290)
|
(21 449)
|
(22 890)
|
(23 592)
|
(23 794)
|
(23 135)
|
(22 490)
|
(21 403)
|
(20 444)
|
(20 616)
|
(20 515)
|
(21 337)
|
(22 023)
|
(22 144)
|
(22 570)
|
(23 880)
|
(25 070)
|
(26 499)
|
(27 736)
|
(30 699)
|
(32 029)
|
(32 828)
|
|
Selling, General & Administrative |
(8 948)
|
(11 808)
|
(8 784)
|
(8 550)
|
(8 630)
|
(11 381)
|
(7 823)
|
(6 928)
|
(5 835)
|
(6 121)
|
(4 188)
|
(4 424)
|
(4 563)
|
(7 293)
|
(5 554)
|
(5 561)
|
(5 724)
|
(8 543)
|
(9 888)
|
(12 744)
|
(16 149)
|
(20 891)
|
(18 333)
|
(18 689)
|
(18 241)
|
(20 148)
|
(16 440)
|
(15 591)
|
(15 863)
|
(18 654)
|
(17 199)
|
(18 091)
|
(18 349)
|
(21 030)
|
(19 914)
|
(20 994)
|
(22 208)
|
(26 118)
|
(25 730)
|
(26 450)
|
(27 003)
|
|
Depreciation & Amortization |
(460)
|
(558)
|
(744)
|
(732)
|
(755)
|
(400)
|
(339)
|
(318)
|
(264)
|
(349)
|
(358)
|
(387)
|
(469)
|
(564)
|
(619)
|
(653)
|
(638)
|
(692)
|
(867)
|
(1 045)
|
(1 213)
|
(1 325)
|
(1 435)
|
(1 549)
|
(1 624)
|
(1 656)
|
(1 588)
|
(1 500)
|
(1 452)
|
(1 388)
|
(1 308)
|
(1 241)
|
(1 173)
|
(1 131)
|
(1 105)
|
(1 101)
|
(1 144)
|
(1 226)
|
(1 356)
|
(1 573)
|
(1 701)
|
|
Other Operating Expenses |
(3 509)
|
(69)
|
(3 992)
|
(4 287)
|
(4 394)
|
(80)
|
(4 371)
|
(4 154)
|
(4 044)
|
(57)
|
(3 097)
|
(3 001)
|
(3 030)
|
(70)
|
(3 959)
|
(3 693)
|
(3 285)
|
(524)
|
(3 207)
|
(3 501)
|
(4 088)
|
(675)
|
(3 824)
|
(3 558)
|
(3 271)
|
(686)
|
(3 376)
|
(3 353)
|
(3 301)
|
(473)
|
(2 830)
|
(2 691)
|
(2 622)
|
(410)
|
(2 861)
|
(2 975)
|
(3 147)
|
(392)
|
(3 612)
|
(4 007)
|
(4 124)
|
|
Operating Income |
1 291
N/A
|
1 569
+22%
|
1 603
+2%
|
1 787
+11%
|
1 783
0%
|
2 152
+21%
|
1 536
-29%
|
899
-41%
|
599
-33%
|
967
+61%
|
983
+2%
|
936
-5%
|
709
-24%
|
(245)
N/A
|
(254)
-4%
|
(153)
+40%
|
(234)
-53%
|
(115)
+51%
|
255
N/A
|
1 129
+343%
|
1 858
+65%
|
1 852
0%
|
2 082
+12%
|
1 942
-7%
|
3 523
+81%
|
5 300
+50%
|
5 116
-3%
|
5 796
+13%
|
6 247
+8%
|
6 746
+8%
|
8 204
+22%
|
9 047
+10%
|
9 458
+5%
|
9 251
-2%
|
7 983
-14%
|
5 973
-25%
|
2 566
-57%
|
701
-73%
|
(536)
N/A
|
(3 140)
-485%
|
(4 912)
-56%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(719)
|
(141)
|
(605)
|
(571)
|
(501)
|
(162)
|
(408)
|
(341)
|
(288)
|
985
|
779
|
944
|
1 003
|
455
|
261
|
357
|
468
|
644
|
161
|
(194)
|
(513)
|
(589)
|
(778)
|
(910)
|
(910)
|
(657)
|
(946)
|
(787)
|
(612)
|
(33)
|
(87)
|
82
|
139
|
559
|
107
|
(67)
|
(270)
|
(183)
|
(875)
|
(934)
|
(1 005)
|
|
Non-Reccuring Items |
(103)
|
(274)
|
(2 507)
|
(2 404)
|
(2 351)
|
(2 333)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(153)
|
(153)
|
(153)
|
(153)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
401
|
(156)
|
313
|
337
|
316
|
177
|
562
|
534
|
625
|
31
|
333
|
336
|
253
|
104
|
415
|
389
|
403
|
79
|
288
|
240
|
276
|
253
|
611
|
813
|
923
|
546
|
609
|
557
|
453
|
321
|
705
|
651
|
803
|
369
|
850
|
821
|
1 118
|
750
|
2 974
|
4 822
|
5 921
|
|
Pre-Tax Income |
870
N/A
|
994
+14%
|
(1 196)
N/A
|
(851)
+29%
|
(753)
+12%
|
(173)
+77%
|
1 691
N/A
|
1 093
-35%
|
937
-14%
|
1 981
+111%
|
2 095
+6%
|
2 215
+6%
|
1 964
-11%
|
315
-84%
|
421
+34%
|
593
+41%
|
637
+7%
|
609
-4%
|
702
+15%
|
1 175
+67%
|
1 621
+38%
|
1 516
-6%
|
1 762
+16%
|
1 693
-4%
|
3 384
+100%
|
5 017
+48%
|
4 779
-5%
|
5 566
+16%
|
6 088
+9%
|
7 034
+16%
|
8 822
+25%
|
9 780
+11%
|
10 399
+6%
|
10 163
-2%
|
8 939
-12%
|
6 728
-25%
|
3 414
-49%
|
1 268
-63%
|
1 562
+23%
|
748
-52%
|
5
-99%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(102)
|
(138)
|
(128)
|
(195)
|
(270)
|
(212)
|
(214)
|
(121)
|
(23)
|
(33)
|
(23)
|
(3)
|
(56)
|
(251)
|
(342)
|
(403)
|
(534)
|
(520)
|
(537)
|
(707)
|
231
|
588
|
642
|
774
|
(335)
|
(850)
|
(824)
|
(921)
|
277
|
423
|
241
|
441
|
(835)
|
(901)
|
(700)
|
(701)
|
(124)
|
10
|
28
|
88
|
(104)
|
|
Income from Continuing Operations |
768
|
856
|
(1 324)
|
(1 047)
|
(1 024)
|
(385)
|
1 476
|
972
|
913
|
1 948
|
2 071
|
2 211
|
1 908
|
64
|
79
|
190
|
102
|
89
|
164
|
468
|
1 853
|
2 104
|
2 405
|
2 467
|
3 049
|
4 167
|
3 955
|
4 645
|
6 365
|
7 457
|
9 063
|
10 221
|
9 565
|
9 262
|
8 238
|
6 027
|
3 290
|
1 278
|
1 590
|
837
|
(100)
|
|
Income to Minority Interest |
83
|
143
|
673
|
691
|
722
|
706
|
262
|
239
|
194
|
(4)
|
(81)
|
(51)
|
(18)
|
127
|
121
|
73
|
51
|
8
|
(72)
|
(311)
|
(437)
|
(435)
|
(423)
|
(416)
|
(1 124)
|
(1 743)
|
(1 707)
|
(1 882)
|
(2 686)
|
(2 902)
|
(3 521)
|
(4 021)
|
(3 497)
|
(3 417)
|
(3 054)
|
(2 194)
|
(1 044)
|
(116)
|
(321)
|
86
|
483
|
|
Equity Earnings Affiliates |
0
|
38
|
83
|
119
|
152
|
124
|
339
|
612
|
960
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
850
N/A
|
1 036
+22%
|
(568)
N/A
|
(237)
+58%
|
(150)
+37%
|
445
N/A
|
2 077
+367%
|
1 823
-12%
|
2 068
+13%
|
1 944
-6%
|
1 729
-11%
|
1 590
-8%
|
937
-41%
|
191
-80%
|
199
+4%
|
262
+32%
|
153
-42%
|
97
-37%
|
92
-5%
|
157
+71%
|
1 415
+801%
|
1 669
+18%
|
1 980
+19%
|
2 049
+3%
|
1 923
-6%
|
2 424
+26%
|
2 246
-7%
|
2 761
+23%
|
3 679
+33%
|
4 556
+24%
|
5 544
+22%
|
6 201
+12%
|
6 068
-2%
|
5 845
-4%
|
5 185
-11%
|
3 833
-26%
|
2 246
-41%
|
1 162
-48%
|
1 269
+9%
|
922
-27%
|
383
-58%
|
|
EPS (Diluted) |
0.5
N/A
|
0.61
+22%
|
-0.33
N/A
|
-0.14
+58%
|
-0.09
+36%
|
0.26
N/A
|
1.21
+365%
|
1.06
-12%
|
1.21
+14%
|
1.13
-7%
|
1.07
-5%
|
0.92
-14%
|
0.5
-46%
|
0.11
-78%
|
0.12
+9%
|
0.16
+33%
|
0.09
-44%
|
0.06
-33%
|
0.06
N/A
|
0.1
+67%
|
0.83
+730%
|
0.97
+17%
|
1.15
+19%
|
1.21
+5%
|
1.12
-7%
|
1.41
+26%
|
1.31
-7%
|
1.61
+23%
|
2.15
+34%
|
2.66
+24%
|
3.24
+22%
|
3.62
+12%
|
3.54
-2%
|
3.41
-4%
|
3.08
-10%
|
2.02
-34%
|
1.31
-35%
|
0.68
-48%
|
0.74
+9%
|
0.54
-27%
|
0.23
-57%
|