Top Story

e4m_logo.png

Home >> Media - TV >> Article

NDTV stages turnaround, posts net profit of Rs 7.63 cr

17-July-2004
Font Size   16
Share
NDTV stages turnaround, posts net profit of Rs 7.63 cr

The Prannoy Roy-promoted NDTV has has reported a profit after tax of Rs 7.63 crore for the first quarter compared with a loss of Rs 20.55 crore registered the previous year. The company's gross profits stood at Rs 12.57 crore against a loss of Rs 18.3 crore.

It also registered a 437 per cent increase in income to touch Rs 40.53 crore for the first quarter ended June 2004 compared with Rs 7.55 crore registered during the corresponding period the previous year.

According to a company statement, the sharp improvement in NDTV's performance is a result of improved and rising viewership. "NDTV 24x7 is now the clear leader among English news channel, and NDTV India is now a close number two in the Hindi news channel space. The revenues this quarter were also assisted by the general elections," said the company.

The news broadcaster has also managed to grow its advertising base to 416 advertisers and 755 brands.

Tags

The group released the Little Hearts online-only campaign, #BreakSomeHearts, early this year and is on the path to make many more of its brands available on the digital platform

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Southeast Asian market

We speak to Punit Misra, CEO, ZEEL, Domestic Broadcast Business, on Zee TV’s new look, its aim and the shaping up of domestic business

This exercise will take the channel to the next level: Siju Prabhakaran, Cluster Head – South Business, Zee Entertainment Enterprises Limited

As Milind Pathak takes over as Managing Director - Southeast Asia, Httpool, we chat with him on his new role, aspirations and his plans to aggressively penetrate the operations of the group in the Sou...

Though business has picked up, the private FM industry expects festive ad spends to be subdued compared to 2016

Of the 116 upheld ads, the majority belonged to healthcare and education