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NDTV posts net profit of Rs 7 crore in Q4 FY16

NDTV posts net profit of Rs 7 crore in Q4 FY16

Author | exchange4media News Service | Friday, May 06,2016 8:03 AM

NDTV posts net profit of Rs 7 crore in Q4 FY16

NDTV has declared its Q4 FY16 results. NDTV ended the quarter with a PAT of Rs 7 crore (vs Rs 11 crore loss in the same quarter of the previous year) on Standalone basis. The network ended with a net loss of Rs 1 crore for the quarter (vs Rs 17 crore loss in the same quarter of the previous year).

Subsequent to the quarter, the group secured funding for its new ecommerce venture - an online ecommerce platform for buying and selling of art & artefacts, collectibles and jewelry. The following other ecommerce businesses are now funded:,,, and

Business Highlights

E-commerce – achieved a Gross Merchandize Value (GMV) of Rs 27 crore while maintaining a positive contribution margin per unit as well as total gross margin. The portal is now bigger than next 5 Indian tech sites combined. – was the exclusive launch partner for 4 cars in the span of the last 6 months of 2015-16. The fledgling startup has already on-boarded 8 OEM’s for direct sale of cars and bikes covering 40% of the new car market pan India. The site includes innovative features such as the Consumer-to-Consumer Auction Engine for used cars as well as regional language content and a complete host of allied services pertaining to loans and insurance. – launched on 6th October 2015, it aims to be a one-stop shop for wedding planning, ideas, Inspiration, shopping & execution has already partnered with 2,100 Vendors across 15 Cities in 14 Categories like Venues, Photographers, Makeup-Artists, etc. – launched as an online platform aggregating artists, galleries, artisans and designers from across the sub-continent into a marketplace.


NDTV ended the year, winning several of the most respected industry awards including the Ramnath Goenka Awards, Red Ink Awards and the exchange4 media Awards.

Tags: FY16 | NDTV | Television

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