NDTV Q3 2005 net profit Rs 26 million; declares entertainment channel plans

MUMBAI: Very much in line with market expectations, the Prannoy Roy promoted-NDTV Ltd today announced a net profit of Rs 26.5 million for the third quarter ended 31 December 2005, down 82 per cent from a consolidated net of Rs 148.92 million in the corresponding quarter in 2004.

On the revenue side, income registered a 29.5 per cent growth over the same quarter last year.

In a conference call to analysts and reporters while announcing the results, Roy also spelled out the future plans for his network, including foraying into the general entertainment segment. NDTV is also looking at selling a stake in its website, to help fund new initiatives.

As regards the quarterly results, the company's Net was eroded to a large extent due to the high quantum that went in as ESOPs for the employees that amounted to Rs 114.7 million.

Still, that is an improvement over the immediately preceding quarter when the news broadcast major posted a net loss of Rs 65 million, slipping into the red for the first time since going public as expenses on personnel surged. 

On future plans, Reuters quotes Roy as saying, "There's a lot of interest for a strategic stake in, and we are weighing the option of unlocking value in it right now, or six months down the line." 

The company will also launch a general entertainment channel in India, possibly over the next six months, and look at broadcasting separate regional language feeds to the big cities, the report quotes Roy as saying. 

Among the performance indicators that the company has chosen to highlight is the addition of 245 new brands and 96 new advertisers to its marketing base.


The news broadcaster tied up with digital platforms with DirecTV (USA), BSkyB (UK) and ATN (Canada) to launch the English news channel NDTV 24x7. With this, NDTV's global presence now extends across four continents.

NDTV's marketing and sales subsidiary, NDTV Media has entered into a strategic tie-up with MSN to represent and market MSN in India. NDTV has also entered into the e-commerce business with the formal launch of

Earlier, this year, NDTV LTD marked its foray into radio through its subsidiaries, NDTV News LTD, together with the infotech company Value Labs, Malaysian broadcaster Astro. The company has acquired a minority stake in three radio companies that hold licenses for FM radio broadcasting in Mumbai, Delhi and Kolkata under the brand name of Red FM. The company entry into the radio venture has happened at a time when the licensing regime for radio has liberalised considerably, making efficiently run radio ventures profitable.

This is a significant step as NDTV develops into a multimedia company.

Latest Reads
No changes in Marathi, Telugu segments in BARC data week 2

In the Bengali market, Jalsha Movies and Aakash Aath interchanged their fourth and fifth positions in BARC data week 2. Bhojpuri Cinema and Big Ganga swapped their first and second position in the Bhojpuri space. Zee Kannada and Colors Kannada swapped their first and second positions in the Kannada...

Television TV Channels Viewership
Dettol topples Trivago from top spot in BARC week 2 of 2019

The Broadcast Audience Research Council (BARC) India has released its data for top advertisers and brands for week 2 of 2019.

Television TV Channels Viewership
Four news genres saw no change in BARC week 2

All the four genres apart from Hindi news urban market saw no change in second week of the year. Aaj Tak continued to groove on the same tracks in the rural, urban and U+R genres as it did the previous year. India TV and News18 India interchanged their positions in the Hindi news urban market.

Television TV Channels Viewership
Sony Entertainment Television leads urban areas in week 2 of BARC

Sony Entertainment Television jumped to second position to fifth position as compared to the previous week in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 2 of 2018. Zee Anmol retained its first position in the rural market. Sony Entertainment Television and...

Television TV Channels Viewership
Aaj Tak becomes the world’s first News Channel to be awarded YouTube’s ‘Diamond Play Button’

India’s No.1 news channel Aaj Tak creates history yet again! The prestigious ‘Diamond Play Button’ bestowed by YouTube, recognises Aaj Tak as the global no.1, the first and the only news channel in the world to have crossed the 10 Million Subscriber mark.

Television TV Channels News Broadcasting
News18 India launches campaign; asserts channel’s leadership

News18 India, Network18’s general Hindi news channel, recently launched a campaign with a humorous and quirky film to drive home its leadership position in the crucial primetime band in the highly competitive Hindi TV news segment.

Television TV Channels News Broadcasting
Join Drac’s Pack on their cruise as &flix presents its next #FlixFirstPremiere ‘Hotel Transylvania 3: Summer Vacation’

It is seldom that you get to see the hilarious side to a monster trying to get himself a date with the help of a technological app like Siri! Have you ever seen a monster film that is full of fun, frolic, laughter, romance and adventure?

Television TV Channels English Entertainment
9XM On Stage with Salim Sulaiman

To celebrate the Republic Day week, 9XM - India’s most popular Bollywood music destination announces the launch of 9XM On Stage a splendid musical night created in honour of the Indian Armed Forces.

Television TV Channels Music and Youth
Prime Focus joins hands with Pritam and Kwan to create JAM8

Integrated media services company Prime Focus Ltd has announced its collaboration with Jam8, a musical platform founded by Indian music composer/director Pritam, and KWAN, a talent management company to serve as a 360-degree creative solution provider for the M&E industry.

Television Production House Film Production

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories