ETV's ad revenue up by 72% to Rs 19.61 crore in Jul'16
After registering 75% advertisement revenue growth in first quarter of this FY, first month of second quarter- July too has registered remarkable growth of 72% over the previous year (FY 15-16). The figures rose to 19.61crore which were 11.41 crore in FY ‘15-16
According to the recently released July 2016 report by Panorama Television Pvt. Limited, ETV network continues its success voyage. After registering 75% Advertisement revenue growth in first quarter of this FY, first month of second quarter- July too has registered remarkable growth of 72% over the previous year (FY 15-16). The figures rose to 19.61crore which were 11.41 crore in 15-16.
CEO of ETV News Network Jagdish Chandra said, "It is a good sign that Beginning of the second quarter too has shown such a high growth over last FY , am hopeful that the figures very soon would go further high setting a benchmark in the history of any news television. I would like to congratulate my entire team for this tremendous hard work and efforts they have been putting in, with 13 channels in 23 states with a combined viewership of more than 25 crores. I am proud of my team"
Panorama Television Private Limited is a part of TV 18 group, which is owned by Reliance Industries Ltd.