10:25 AM EST - Astral Media Inc. : reported a 15 percent jump in net profits for its latest quarter as the broadcaster generated higher revenues and benefited from its recent acquisition of Standard radio stations across Canada. The Montreal company said Monday it earned $37.5 million or 69 cents a share for the three months ended Nov. 30, the first quarter of Astral's 2008 fiscal year. That compared with earnings of $32.6 million or 62 cents for the same period the previous year. Consolidated revenues rose 20 per cent to $198.7 million from $165.1 million. Astral Media Inc.
shares T.ACM.A are trading up 46 cents at $43.40.
