Television

NDTV narrows Q4 standalone net loss to Rs 158.7 mn

MUMBAI: News broadcaster NDTV Ltd has narrowed its standalone fiscal final quarter net loss to Rs 158.7 million, from Rs 231.7 million a year ago.


The company has managed to reduce the net loss on the back of ?sustainable cost rationalisation?, even if its income from operations saw a 10.59 per cent dip.


Income from operations for the quarter under review stood at Rs 967.2 million, as against Rs 1.08 billion a year ago.


NDTV also posted standalone loss from operations (before other income, interest & exceptional items) of Rs 16.9 million, against a profit of Rs 83.5 million in the earlier year.


Expenses from news operations stood at Rs 997.6 million, compared to Rs 1.03 billion in the corresponding quarter of the previous fiscal.


For the full fiscal, NDTV‘s standalone net loss came down to Rs 191.5 million, from a net loss of Rs 986.3 million in the earlier year. Income from operations went up by almost 5 per cent to Rs 3.63 billion, from Rs 3.46 billion.


NDTV?s FY?2011-12 loss from operations (before other income, interest & exceptional items) came down to Rs 200 million, compared to a loss of Rs 426.4 million a year ago.


Though expenses remained flat at Rs 3.98 billion (from Rs 3.97 billion), NDTV said that the company has undertaken a group-wide exercise to improve efficiencies and cut wasteful expenses, while ?ensuring that content and production values are not compromised?.


?As a result, there has been a significant 16 per cent reduction in operating and administration expenses over the last financial year,? it said.


On a consolidated basis, NDTV posted a net loss of Rs 413.3 million for the quarter ended 31 March 2012, as against a net loss of Rs 608 million a year ago.


Income from operations on a consolidated basis grew marginally to Rs 1.35 billion (from Rs 1.32 billion), while total expenses stood at Rs 1.42 billion, compared to Rs 1.48 billion.


For the fiscal ended 31 March 2011, NDTV posted a consolidated net loss of Rs 873.8 million, as against a net loss of Rs 1.74 billion in the earlier year. Income from operations stood at Rs 4.74 billion, up from Rs 4.23 billion a year ago, while expenses rose marginally to Rs 5.31 billion, from Rs 5.27 billion.


NDTV also said that its new businesses are giving rise to new revenue streams. It said that NDTV Good Times continued its reign as the numero uno lifestyle channel in India. NDTV Lifestyle, which operates the channel NDTV Good Times, witnessed a ?significant rise in revenues, reporting around 38 per cent growth over the last fiscal year?.


Meanwhile, NDTV Convergence, which operates the Internet and mobile business of the group, recorded a five-fold jump in PAT for the year ended 31 March 2012. Revenues rose by 60 per cent over the last fiscal year.


NDTV WorldWide has turned profitable. ?PAT for NDTV WorldWide, the media consultancy business of the group, doubled during the year ended 31 March 2012. Revenues tripled over the last fiscal year,? NDTV said.


In the one-time write-off, the company said, ?The major exceptional items relate to closure of operations of Turner General Entertainment, which operated the General Entertainment Channel, ?Imagine? (earlier, known as ?NDTV Imagine? prior to sale of stake to the Time Warner group), in which NDTV had retained a minor stake. Further, an investment in a listed entity, whose market value has reduced significantly, has also been provided for.?

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Anil%20Ambani.jpg?itok=4eNnBDRM
Anil Ambani’s Reliance sues NDTV for Rs 10,000 cr for Rafale coverage

NDTV has been sued for Rs 10,000 crore by Anil Ambani's Reliance Group in an Ahmedabad court for its reportage on the Rafale fighter jet deal. The lawsuit is filed against NDTV's weekly show, Truth vs Hype, which aired on 29 September.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/Arnab-Goswami.jpg?itok=HTFNEsfj
Republic TV leads English news genre in BARC week 41

Republic TV continued to lead the English news genre as per All India BARC data week 41. No changes were noticed this week in the English business news genre. Aaj Tak maintained its lead across every Hindi news genre for yet another week. Hindi news urban genre remained unchanged. Zee News dropped...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/20/BARC.jpg?itok=z6etjpSh
Star Utsav bags leadership in GEC (U+R) in BARC week 41

Star Utsav and Zee Anmol swapped their first and second positions in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 41 of 2018. Star Plus and Big Magic exchanged their eighth and ninth positions in the rural market. Star Bharat and Sony Sab swapped their fifth and...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/f1.jpg?itok=bHf3HxgX
Sony Pictures Networks India (SPN) extends exclusive television and digital rights partnership with ABB FIA Formula E championship

Sony Pictures Network India (SPN) will continue to broadcast each round of the ABB FIA Formula E Championship for a further two seasons across the Indian sub-continent - including India, Pakistan, Sri Lanka and Bangladesh.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/james.jpg?itok=kJ15Bp4y
James Gough’s innovative idea will be incubated with the intent to prototype it at Formula 1®’s Media & Technology Centre

Formula 1® Managing Director of Motorsports, Ross Brawn, and Mercedes-AMG Petronas Motorsport Driver, Lewis Hamilton, today crowned James Gough the winner of this year’s USD $50,000 F1® Innovation Prize at the FORMULA 1 PIRELLI 2018 UNITED STATES GRAND PRIX in Austin.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/flix.jpg?itok=OGsLbI9R
FLIX FIRST SCREENING: &flix makes October spookier with the multi-city theatrical premiere of Goosebumps 2: Haunted Halloween

&flix, the all-new destination for the most-awaited Hollywood blockbusters, brings the much-anticipated sequel Goosebumps 2: Haunted Halloween on Thursday, October 25

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/ganga.jpg?itok=rFc6bFbm
BIG Ganga Goes All Out to Delight Its Audience This Festive Season, Launches Engrossing Range of Shows

With the festive season right around the corner, BIG Ganga, the number one Bhojpuri channel in the Hindi heartland

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/timw.jpg?itok=wzCjtez_
Time Maharashtra.....Feel The Pulse of Maharashtra

Viasys Digital Network Pvt. Ltd, under the leadership of founder chairman Mr. Sudesh Bhosle brings together a blend of Media and IT skills bagged by a deep understanding of Global Media.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/19/epic.jpg?itok=nRQuwY9P
EPIC CHANNEL TO CELEBRATE DUSSEHRA WITH A DAY-LONG LINE-UP OF FESTIVE PROGRAMMING

As the country gears up to celebrate the symbolic victory of good over evil, EPIC makes the day special for their viewers by airing special programming for the festival of Vijayadashami.

Television TV Channels Factual @ Discovery

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories