AETN18 clocks 9% revenue growth in FY22

AETN18 has improved its performance in FY22. The Joint Venture between A+E Networks and TV18 increased its yearly revenue by 9% to Rs 89.86 crore in FY22. In FY21 it was Rs 82.41 crore. It runs factual entertainment channel History TV18, which completed a decade in India.

While subscription and ad revenue increased 7% to Rs 88.13 crore, operating revenue stood at Rs 1.73 crore.

The overall expenses, however, witnessed a slight slump to Rs 77.74 crore from the last-year figure of Rs 78.99 crore. Profit for the term increased to Rs 14.10 crore from the previous term fiture of Rs 5.69 crore.

Expenses for marketing, distribution, and promotional were up at Rs 33.82 crore as against Rs 33.05 crore in the previous fiscal.

The channel's digital exclusive #RoadtrippinwithRnM was a hi with four new seasons launched during the fiscal.