financetom
Business
financetom
/
Business
/
Mexican broadcaster Televisa swings to bigger-than-expected net loss in Q3
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mexican broadcaster Televisa swings to bigger-than-expected net loss in Q3
Oct 23, 2025 2:17 PM

MEXICO CITY, Oct 23 (Reuters) - Mexico's largest

broadcaster Grupo Televisa swung to a loss in

the third quarter after a deferred tax write-off boosted income

taxes, according to a filing to Mexico's stock exchange

published on Thursday.

The broadcaster, the world's biggest producer of

Spanish-language content, posted a net loss of 1.93 billion

pesos ($105.43 million), much greater than the $12 million

dollar-denominated loss forecast by analysts polled by LSEG.

The loss, which follows a net profit of 666 million

pesos in the same quarter last year, was driven primarily by a

non-cash deferred tax asset write-off of $2.66 billion related

to capital tax losses, Televisa said.

The company also credited the loss to reduced profit

contributions from associates and joint ventures like its one

with U.S. Spanish-language broadcaster Univision.

The company's revenue fell 4.8% from a year earlier to 14.63

billion pesos ($798.7 million), close to analysts' forecast of

$771.5 million, according to LSEG data.

($1 = 18.3147 Mexican pesos at end-September)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved