Astral Media Inc.'s profits rose to $59.6 million in the first quarter of fiscal 2013, the company said Thursday. In a release, the TV specialty channel and radio broadcasting company, which is seeking CRTC approval for an agreement to be acquired by BCE Inc. for $3.38 billion, said profits were up from $55.8 million in the same period a year earlier. For the three-month period ended Nov. 30, 2012, Astral said earnings before interest, taxes, depreciation and amortization (EBITDA) rose four per cent to reach $93.7 million. Consolidated revenues for the company totalled $274.5 million in the quarter, up from $271.1 million in the same period a year earlier, the release said. Astral said its cash flow also rose “slightly,” from $69.0 million in the first quarter of 2012 to $69.2 million in the first quarter of 2013. “I am very pleased with our Company’s consolidated and segmented performance in the first quarter of Fiscal 2013, marking the single largest quarter in the Company’s history,” Ian Greenberg, president and CEO of Astral, said in a statement. Greenberg said on a conference call Thursday that the company anticipates that the CRTC will publish the Bell application soon and hold a public hearing on the acquisition in the spring.