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NDTV reports positive EBITDA of Rs 9.5 cr in Q3 FY14

08-February-2014
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NDTV reports positive EBITDA of Rs 9.5 cr in Q3 FY14

NDTV India has reported positive EBITDA of Rs 9.5 crore in Q3 FY14 as opposed to an EBITDA loss of Rs 5.8 crore in the previous quarter. Hindi News business remains buoyant with robust revenue growth.

NDTV India is all geared to launch its first-in-India channel concept, NDTV Prime, on March 17, 2014. While NDTV Profit will continue to offer in-depth views and business news and analysis during market hours, it will transform into a completely new channel, NDTV Prime, in the evening and weekends.

NDTV Convergence has reported a 59 per cent increase in revenues on a Y-o-Y basis.

Meanwhile, Ethnic India has reported incubation losses of Rs 11 crore even as revenues were up 390 per cent on a Q-o-Q basis.

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Prior to joining Madison PR in 2012 Chaudhary was Group President Corporate Communications at Reliance Industries Limited.