NDTV Group has declared its financial results, which were profitable in Q3 FY23 . This was the 13 consecutive profitable quarters for the NDTV Group.

NDTV has clocked a profit of Rs 4.6 crores in Q3FY23 on a standalone basis; for the group, the profit is Rs 12.9 crores lower in comparison to the same quarter last year, primarily due to a reduction in consumption of advertisement inventory across the news genre.

According to the company, the digital business clocked its highest ever revenue for the quarter. The company note said, “The NDTV Group is declaring its 2nd most profitable year to date results in over a decade, For Q3 as well, the NDTV Group remains profitable.”

NDTV’s standalone profit is Rs 25.3 crores compared to Rs 41.4 crore last year. The group’s digital arm, NDTV Convergence, has delivered its best ever revenue for Q3FY23 with a profit of Rs 13.3 crores. The revenues are up by 22 per cent over last year.