TV18 Broadcast slipped 2.46% to Rs 42.49 after the media company reported a consolidated net loss of Rs 50.09 crore in Q1 FY25 as against a net profit of Rs 44.33 crore reported in Q1 FY24.

TV18 Broadcast slides on reporting dismal Q1 numbers

The media company reported a consolidated net loss of Rs 50.09 crore in Q1 FY25 as against a net profit of Rs 44.33 crore reported in Q1 FY24.

Spotlight

TV18 Broadcast reports dismal Q1 numbers

Earnings

TV18 Broadcast reports consolidated net loss of Rs 50.09 crore in the June 2024 quarter

TV18 Broadcast Ltd’s Q1 revenue of Rs 3,069 in Q1 FY25 was driven by a strong performance of Sports and News, while unit Viacom18 continues to make investments in both the segments.

TV18 Broadcast Q1 Consolidated Revenue at Rs 3,069 Crore, Driven by Sports, News Segments - News18

The Entertainment segment also reported impressive results, with operating revenue increasing by about 80 percent from a year ago.

TV18 Broadcast Q4 revenue soars 66% on-year; news segment delivers robust revenue growth

After the completion of the transaction, Paramount will be exiting its holding in Viacom18.

TV18 Broadcast Shares Hit Lower Circuit As Paramount Sells Viacom Stake To RIL

Reliance Industries Ltd. (RIL), Viacom 18 Media Private Ltd. (which is majority-owned by RIL’s entity TV18 Broadcast), and The Walt Disney Company (Disney) have signed binding definitive agreements to form a joint venture (JV) which will combine the businesses of Viacom18 and Star India in India.

Reliance, Disney to merge India media operations; Nita Ambani to be chairperson

The broadcaster also announced the share exchange ratio. Under the arrangement, those holding 172 shares of TV18 will get 100 shares of Network18.

RIL-owned TV18 Broadcast to merge with Network18, share exchange ratio announced

TV18 Broadcast booked a net loss of Rs 29 crore in Q2FY24 from a profit of Rs 5.7 crore in Q2FY23

TV18 Broadcast Revenue Jumps 22% YoY In Q2 Led By News Business, Sports Verticals - News18

Both TV18 Broadcast and Network18 Media stocks soared up to 10 percent. Other media shares such as DB Corp, PVR Inox, Dish TV, Sun TV were also up in the range of 1-5 percent.

Media stocks surge 10%; TV18 Broadcast, Network18 Media, Hathway Cable ride World Cup wave

"Media stocks are on the rise amid the cricket world cup and upcoming elections. We suggest traders buy TV18 Broadcast for potential target levels of 50.50-51 levels in the next 4 weeks," Jay Patel, Research Head at Investmentor Securities Limited, said.


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Stock Radar: Cricket World Cup and Elections will keep media stocks in focus; TV18 Broadcast top bet

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

TV18 Broadcast Ltd. is a television (TV) broadcast network which offers telecommunication, broadcasting and information supply services.