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NDTV Q2 standalone revenues up 46 per cent YoY

NDTV Q2 standalone revenues up 46 per cent YoY

Author | exchange4media News Service | Thursday, Oct 18,2007 8:53 AM

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NDTV Q2 standalone revenues up 46 per cent YoY

NDTV standalone revenues are up 46 per cent year-on-year. Revenues for Q2, FY-08 touched Rs 68 crore compared to Rs 47 crore in the same quarter last year. EBIDTA has risen to Rs 2.66 crore compared to a loss of Rs 5.18 crore in the same quarter last year. Operational expenditure of Rs 65.3 crore (standalone) includes costs incurred for the launch of Metro Nation: Delhi. NDTV consolidated revenues have hit Rs 77.5 crore, up 42 per cent, compared to Rs 54.5 crore in the same quarter last year.

In this quarter, NDTV launched four major 24-hour channels – lifestyle channel ‘NDTV Good Times’, city-based English channel ‘NDTV Metro Nation Delhi’, news and infotainment channel ‘NDTV Arabia’, which marked NDTV’s entry into the Middle East and North Africa, and infotainment channel in Bahasa ‘Astro Awani Malaysia’ that was launched in partnership with Astro South-East Asia Media Group.

The six companies under the NDTV Network are fully operational with CEOs and key management teams already appointed in each company. The NDTV Imagine team led by Sameer Nair is on track for a January 2008 launch of a Hindi GEC.

Tags: e4m

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