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NDTV Earnings For Quarter Ending June 30 (Q1, 2019)

8 August, 2018 2:02 PM
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NDTV Earnings For Quarter Ending June 30 (Q1, 2019)

This is the first profitable Q1 for New Delhi Television Limited (broadcast) since 2014.

New Delhi Television Limited standalone has Profit After Tax (PAT) of Rs. 0.9 crores in Q1 19 versus a loss of 16 crores last year; the earnings before depreciation, interest and taxes is 7.5 crores versus a loss of 8.8 crores last year.

New Delhi Television Limited shows a PAT turnaround of 17 crores YoY (over the same period last year).

Its operating costs have reduced by 24% percent YoY from 84 crores to 64 crores.

For NDTV Group (including e-commerce), the consolidated results for the quarter show a significantly lower loss of 2.7 crores against a loss of 22 crores last year.

NDTV Convergence has launched vernacular content with Bengali and Tamil sites.

Also read: Gold Worth Rs 4.5 Crore And Rs 2.5 In Notes For Vizag Temple Goddess

Source: ndtv.com

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