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MUMBAI:
News major NDTV today announced its Q3 financial for the 2007-08
fiscal and declared standalone revenues were up 33 per cent
year-on-year at Rs 895 million up from Rs 675 million in the
corresponding quarter last year.
EBIDTA
rose to Rs 215.4 million from Rs 180 million in the same quarter
last year. On a comparison of like-with-like (excluding costs
associated with MetroNation which launched last year) NDTV's
EBIDTA for the same businesses as last year is Rs 250.5 million,
a growth of 39 per cent. The results did not mention.
Net
profit net on a like-to-like comparison with same quarter
last year is Rs 105.7 million compared to Rs 70.6 million
last year for the same period, a growth of 50 per cent.
Operational
expenditure of Rs 679 million (standalone) includes costs
of MetroNation-Delhi amounting to Rs 35.1 million.
NDTV
consolidated revenues rise to Rs 1085 million, up 37 per cent,
compared to Rs 794 million in the same quarter last year.
While
announcing its results, NDTV gave the following as its business
highlights:
*NDTV's
General Entertainment Channel, NDTV Imagine's execution has
seen remarkable progress: programme production, distribution,
marketing and sales have seen excellent traction. The channel
is now only 4 days away from its launch. NDTV Imagine programming
pre-view has received an overwhelming response from media
and critiques
*NDTV
Metronation captures over 11 per cent market share (National
Capital region) within three months of launch.
*NDTV's
first Lifestyle channel: Good Times, acquires market leadership
in the Lifestyle genre.
*NDTV
Convergence team launches NDTV Active, full service portal
on mobile and builds the NDTV portal taking towards a new
scale.
*With
the launch of Imagine, NDTV completes the first round of new
channel launches as announced at expansion plans, a year ago.
NDTV has also achieved significant breakthroughs in other
media business of Convergence and Labs.
The
NDTV scrip closed at 462 in today's trading on the Bombay
Stock Exchange, up 2.55 per cent.
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