April 11, 2012 / 12:11 PM / 6 years ago

Astral Media profit up on growth in TV business

April 11 (Reuters) - Astral Media Inc’s second-quarter profit rose 10 percent, helped by steady but uninspiring growth in television revenue.

Montreal-based Astral, in the process of being acquired by Canada’s largest telecom company BCE Inc for C$3 billion, said it made a consolidated net profit of C$38.2 million ($38.10 million), or 69 Canadian cents per share, compared with C$34.7 million, or 60 Canadian cents per share, a year ago.

Consolidated revenue was nearly flat at C$233.5 million .

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