Television

NDTV posts 55 per cent profit in Q3, best quarterly results in 7 years

The broadcaster posted a consolidated profit of Rs 11.3 crore in Q3 FY20

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2020/02/11/ndtv.jpg?itok=4m2oaqYm

MUMBAI: New Delhi Television’s consolidated profit rose by 55 percent to Rs 11.3 in third quarter of the financial year of 2019-20 compared to Rs 7.3 crore in the corresponding quarter of the last financial year. The broadcaster posted best Q3 result in last seven years.

The group’s television business shows a turnaround of Rs 16.82 crore over the preceding quarter, said the broadcaster in filing to Bombay Stock Exchange. “The television business declared a profit of Rs 6.66 crore, which is its best Q3 in more than a decade.”

NDTV Convergence, the group’s digital company, posted 14th straight profitable quarter. NDTV Convergence being at the core of the group’s business operations, it remains a market leader in the online news space, the press statement said.

NDTV’s profit for the current financial year so far marked a turnaround of Rs 17.86 crore over the corresponding period for the last year. Moreover, the operating expenses for the group continue to contract, down by Rs 8.5 crore over the same period last financial year.

Meanwhile, NDTV Ltd’s profit increased by 49 per cent to Rs 6.7 crore in the third quarter of FY20 compared to Rs 4.5 crore in the same quarter of FY19. Whereas the revenue from operations of NDTV Ltd’s rose by 30.5 per cent to Rs 55 crore against Rs 42 crore in the corresponding quarter of FY19.

Despite profit, the group’s total income fell 7.8 per cent to Rs 98.29 crore during the quarter under review compared to Rs 106.59 crore in the corresponding quarter a year ago. Meanwhile, the total expenses also slumped 10.52 per cent to Rs 85.03 crore against Rs 95.03 crore in the Q3 FY19.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/25/dangal-tv.jpg?itok=l04o5ZBW
Dangal continues on top across genres as TV consumption drops

Television consumption continued to drop in week 19 of 2020 (Saturday, 9 May 2020 to Friday, 15 May 2020, week or period under review), according to Broadcast Audience Research Council of India (BARC) data for Top 10 channels on all platforms across genres.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/25/round_0.jpg?itok=8pruoXDg
Help each other to bring the industry back on its feet: TV producers

The television producers believe that helping each other to revive the business, as and when the state government allows production to resume, will help the industry get back on its feet. This was the unanimous view of a virtual round table conference organised by indiantelevision.com to discuss...

Television Production House Fiction
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/24/netw.jpg?itok=qmv-BYyx
Times Network announces 'India For Bengal'

Times Network has launched ‘India For Bengal’, a special initiative to create awareness and raise funds for the relief efforts for the state ravaged by the catastrophic Cyclone Amphan.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/23/zee.jpg?itok=mNdMDmSh
Zee Kannada launches two new shows ‘Lockdown Diaries’ & ‘Coffee with Anu’

MUMBAI: In an effort to bring positivity during the ongoing pandemic, Zee Kannada had introduced unique shows for the audience to connect with their favourite Sandalwood celebrities: Lockdown Diaries and Coffee with Anu.

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/23/broadman.jpg?itok=VGSW_5gv
Times Network: MNX announces campaign this international brother’s day titled #BroDaMan

MUMBAI:  Bro is not just a word; it’s an emotion, a cult, a community, a club, a way of life! Celebrating this bond, Hollywood’s Wild Child - MNX announces a befitting campaign this International Brother’s Day titled #BroDaMan. With a specially curated line up of ‘best of bro-hood’ movies and...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/23/fayyye.jpg?itok=9hcxUWGb
Covid2019 is a financial earthquake: Faye D’Souza

MUMBAI: For former Mirror Now executive editor Faye D’Souza, Covid2019 is not just a pandemic but also a financial earthquake with no clear end time. Speaking to former Viacom18 COO Raj Nayak on his recently-launched digital chat show, D’Souza, who turned independent journalist last year, revealed...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/23/aj.jpg?itok=-3Pf8LCh
Anjali Bhushan joins Viacom18 Studios as head creative content and production

Anjali Bhushan, the creative mind associated with the media and entertainment industry, has joined Viacom18 Studios earlier this month. Bhushan will serve as Viacom18 Studios and Tipping Point creative content and production head. 

Television TV Channels People
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/23/vcall.jpg?itok=vV9uJtxb
Identify safe places to shoot, Maharashtra CM tells industry delegation

A 12-member delegation of television producers and broadcasters on Friday interacted with Maharashtra chief minister Uddhav Thackeray who asked them to find safe and secluded places for resuming shooting.

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/05/22/news18.jpg?itok=F7lBe_o-
Network18’s initiatives to curb the spread of Covid2019 among employees

MUMBAI: News outlets have been relentlessly covering the Covid2019 pandemic outbreak in India. A cursory glance at any channel would show reporters taking precautions such as wearing masks, gloves and maintaining distance from others. Despite all the precautions, Network18, which houses a bunch of...

Television TV Channels News Broadcasting

Sign up for our Newsletter

subscribe for latest stories

* indicates required