Television

NDTV reports profit for fourth quarter

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MUMBAI: NDTV Group has recorded a net profit of Rs. 5 crore for the quarter compared to a loss of Rs. 1 crore in the same quarter previous year.

NDTV Group’s costs as a part of strategic initiatives have gone down significantly by 17% from Rs. 164 crore in same quarter previous year to Rs. 137 crore in the current quarter.

The EBITDA has increased by Rs. 15.4 crore from Rs. 8.3 crore in same quarter previous year to Rs. 23.7 crore in the current quarter.

NDTV’s Hindi news channel “NDTV India”, the only non-tabloid Hindi news channel in India, has made a profit of Rs.7 crore in this quarter.

 

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NDTV Convergence, NDTV’s digital arm, has posted a 100% jump in net profit to Rs. 8 crore for the quarter compared to Rs. 4 crore in the same quarter previous year.

NDTV.com now has 120 million unique visitors and page views exceeding 1 billion each month.

Gadgets360.com (Red Pixels Ventures Ltd) had an operational break even (after tax in its first full year of operation before a one-off expense). Gadgets360’s content play continues to be the dominant player in gadget news and reviews, with more than twice the unique users compared with its nearest competitor.

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