| MUMBAI:
NDTV Ltd. has posted a consolidated net loss of Rs 1.17 billion for the fourth
quarter of the fiscal ended 31 March 2008, as it incurred expenses for the launch
of new channels including Hindi general entertainment channel NDTV Imagine. For
the year-ago period, the net loss stood at Rs 74 million. Net
sales, however, rose over 50 per cent to Rs 1.22 billion in the fourth quarter
of FY'08 as against Rs 814.5 million in the previous year. For
the full fiscal, NDTV reported a consolidated net loss of Rs 1.86 billion. The
net loss for FY'07 stood at Rs 144.5 million. Revenues for the year grew to more
than 31 per cent to Rs 3.66 billion as against Rs 2.78 billion the previous year.
On a
standalone basis, NDTV reported a net profit of Rs 42 million for FY'08, as against
net losses of Rs 68 million during the previous fiscal. Net sales was up almost
30 per cent at Rs 3.06 billion as against Rs 2.35 billion reported the previous
year. |