Higher ad rates and subscription revenues helped give a leg up to southern broadcaster Raj Television Network in FY 2013 ended 31 March 2013, even though its performance in Q4 2013 was relatively disappointing. Net profit for FY 2013 rose marginally to Rs 9.28 crore as against Rs 9.21 crore. However, net profit in Q4 2013 took a nosedive to Rs 53.28 lakh as against Rs 4.65 crore in the previous corresponding year's quarter.

Let us look at the Q4-2013 financials as against Q4-2012
Revenue for Q4-2013 at Rs 17.47 crore, has risen 9.7 per cent as against Rs 15.92 crore in Q4-2012. Expenses have however increased significantly by 42 cent to Rs 15.22 crore in Q4-2013 as against Rs 10.73 crore in Q4-2012. Finance costs have more than doubled from Rs 66.66 lakh in Q4-2012 to Rs 1.51 crore in Q4 2013. The company says this happened on account of its launching new regional language channels, the fruits of which will accrue to its balance-sheet in the coming year.

As mentioned above the net profit for Q4-2013 is down to a dismal figure of Rs 53.28 lacs as against a strong Rs 4.65 crore reported in the corresponding last quarter.

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