The board of directors of ETC Networks Limited will meet on Tuesday, July 31, 2001 to consider, inter alia, un-audited financial results for the first quarter of the financial year, 2001-2002, a company release states.

ETC Networks Limited runs two channels - etc and etc Channel Punjabi - and the company has registered a profit after tax (PAT) of Rs 24.3 million on a turnover of RS 538.2 million for the year ended 31 March 2001.

etc is a music based entertainment channel with music dominating 85 per cent of the programming content and is beamed from Thaicom-3 and is a free to air analog / digital channel.

etc Channel Punjabi is a Punjabi family entertainment channel compromising of serials, religious programmes, music and feature films. It is a free to air channel and is available through digital transmission signals beamed from Thaicom-3.

Besides having a very wide presence in Punjab, it has enabled etc Channel Punjabi to penetrate deeper into rest of the country and other international markets, the release adds.