Sea Tv Network Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Quarter and Half Year Ended September 30, 2020
November 13, 2020 at 09:14 am
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Sea TV Network Limited announced unaudited standalone and consolidated earnings results for the quarter and half year ended September 30, 2020. For the quarter, on standalone basis, the company's reported total income from operations was INR 31.531 million compared to INR 34.667 million for the same period a year ago. Net loss for the period was INR 5.705 million compared to INR 20.222 million for the same period a year ago. Basic loss per share was INR 0.47 compared to INR 1.68 for the same period a year ago.
For the half year, on standalone basis, the company's reported total income from operations was INR 50.5 million compared to INR 68.713 million for the same period a year ago. Net loss for the period was INR 21.941 million compared to INR 36.896 million for the same period a year ago. Basic loss per share was INR 3.07 compared to INR 2.61 for the same period a year ago.
For the quarter, on consolidated basis, the company's reported total income from operations was INR 40.022 million compared to INR 44.766 million for the same period a year ago. Net loss for the period was INR 8.161 million compared to INR 32.831 million for the same period a year ago. Basic loss per share was INR 0.65 compared to INR 2.73 for the same period a year ago.
For the half year, on consolidated basis, the company's reported total income from operations was INR 70.009 million compared to INR 78.769 million for the same period a year ago. Net loss for the period was INR 28.145 million compared to INR 59.321 million for the same period a year ago. Basic loss per share was INR 2.34 compared to INR 4.94 for the same period a year ago.
Sea TV Network Limited is an India-based media and entertainment company. The Company is engaged in the business of broadcasting and multi-system operators and activities of cable operators operating in the state of Uttar Pradesh. The Companyâs segment is Satellite Channel and Cable TV Operator. The Companyâs portfolio of entertainment, news, music, religious and movies channels include Jinvani, Sea TV, Sea News Agra, Sea Wave, Sea Theatre, Sea Music, Sea Jhankar, Sea Thumka, Sea Urdu, and Sea Bhakti. Jinvani is a full-fledged Jain channel, having its presence in several countries and catering to millions of viewers worldwide. It offers a variety of programs for its audience related to health, astrology, spirituality, sermons, and pilgrimage and more. Sea Thumka is basically a channel based on the folk culture of different Indian states. The Companyâs subsidiaries are Sea News Network Limited and Jain Telemedia Services Limited.