TV18 Broadcast Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 20,726.3 million compared to INR 18,241.9 million a year ago. Revenue was INR 18,229.2 million compared to INR 15,926.6 million a year ago. Net income was INR 416.4 million compared to INR 2,003.4 million a year ago. Basic earnings per share from continuing operations was INR 0.24 compared to INR 1.17 a year ago.
For the nine months, sales was INR 52,736.2 million compared to INR 46,882.8 million a year ago. Revenue was INR 46,017 million compared to INR 40,888.9 million a year ago. Net income was INR 809.9 million compared to INR 4,408.9 million a year ago. Basic earnings per share from continuing operations was INR 0.47 compared to INR 2.57 a year ago.