Television

NDTV records best-ever Q1 with a profit of Rs 13.9 cr

The NDTV Group recorded a profit of Rs 16.56 crores

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/08/11/ndtv.jpg?itok=5_VGdQv0

Mumbai: The NDTV Group has reported over two-fold increase in consolidated net profit to Rs 16.56 crore for the first quarter ended 30 June, marking its best first quarter result in over a decade.

Its TV news channel-  NDTV Ltd raked in a profit of Rs 13.9 crores in Q1, along with NDTV Convergence, the digital arm of the Group, which has delivered an increase of 41 percent in revenue over the same time last year.

According to the regulatory filing, the company had posted a consolidated net profit of Rs 7.55 crore in the corresponding period of last fiscal. Its consolidated revenue from operations during April-June 2021 stood at Rs 85.02 crore as against Rs 72.73 crore in the year-ago period. Total expenses stood at Rs 77.92 crore, compared with Rs 64.64 crore a year ago, the company said. The Group’s total liabilities have been reduced by Rs 23 crores in this quarter; bank borrowings are down by Rs 8.7 crores.

“NDTV, with the support of each employee, has worked to mitigate any uncertainty caused by the impact of the pandemic on the economy and all businesses. It thanks its team for their superlative reporting and commitment to providing news as an essential service at this difficult time. Given the economic landscape, the Management will control expenses and focus all efforts on ensuring the Company’s financial position strengthens further,” it said in the filing.

The company also said that its board has appointed Grant Thornton Bharat LLP (formerly Grant Thornton India LLP) as its internal auditors for one year, with effect from 11 August.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/21/photogrid_plus_1632219053152.jpg?itok=ucPghXcA
Zee Hindustan concludes 'Udaan: Dare to Dream' event

Mumbai: In the last one and a half years, the Covid-19 pandemic completely shook the whole world, but some people gathered the strength in those bleak times and kept pushing to attain perfection in their respective fields. Zee Hindustan honoured the people who accelerated the country's economic...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/21/photogrid_plus_1632202465257.jpg?itok=EcHQcemj
PR Satheesh elevated as CEO of MMTV

Mumbai: Malayala Manorama Television (MMTV) has elevated PR Satheesh to the role of chief executive officer. He was previously the chief operating officer and has been associated with the media organisation since July 2014. MMTV is a Malayalam news and infotainment channel catering to audiences in...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/21/ipl2.jpg?itok=lxWW6FVT
Brands align their festive calendar as IPL 14 resumes

The 14th edition of the Indian Premier League (IPL) 14 finally resumed on Sunday with Chennai Super Kings (CSK) beating Mumbai Indians (MI) in the first match. The cricket bonanza, which got suspended mid-way in May due to the second wave of Covid has returned to the United Arab Emirates (UAE) yet...

Television TV Channels Sports
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/20/tv9.jpg?itok=TnNyH4Lr
SAP, TV9 Network join hands to empower and celebrate India's SMEs

Mumbai: After the stupendous success of the 'Leaders of Global Bharat' series that aimed at empowering Indian SMEs hit hard by pandemic-induced lockdowns last year, TV9 Network and SAP India have again joined hands to forge two pioneering initiatives to help homegrown businesses rise and shine in...

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/20/times.jpg?itok=YZIbsGFX
ET Now concludes the 9th season of Leaders of Tomorrow Awards and Conclave

ET Now has recently concluded the ninth season of 'Leaders of Tomorrow Awards and Conclave' which celebrates the success stories of India’s most innovative and resilient MSMEs and start-ups. This year's event was driven by the theme ’Survive. Revive. Thrive’.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/20/photogrid_plus_1632141301009_0.jpg?itok=TTqGcwUw
News18 Assam-North East launches 'Rising Sports: Shining Northeast' campaign

Mumbai: News18 Assam-North East has announced the launch of its special campaign titled 'Rising Sports: Shining Northeast' to raise awareness about the immense contribution of people of the northeast in the sports arena.  PM Narendra Modi had once mentioned that Manipur was the powerhouse of...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/20/photogrid_plus_1632133895107.jpg?itok=-7K2PIbR
News18 HSM's 'Hindi Ke Samrat' contest receives overwhelming response

Mumbai: On the occasion of 'Hindi Diwas', News18 HSM network organised a unique and engaging activity. In an effort to promote a connect with Hindi, the network rolled out 'Hindi Ke Samrat' contest, which ran on News18 India, News18 Rajasthan, News18 Madhya Pradesh/Chhattisgarh, News18 Bihar/...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/09/20/photogrid_plus_1632132597718.jpg?itok=r7dMquGf
SAB Group partners with DistroTV to expand global footprint

Mumbai: Media and entertainment company Sri Adhikari Brothers (SAB) Group has partnered with California-based media technology company DistroScale to expand its footprint across the globe. DistroTV is an independent free ad-supported streaming television (FAST) platform and is available...

Television TV Channels GECs

Sign up for our Newsletter

subscribe for latest stories

* indicates required