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Q1 results for NDTV sees channels’ consolidated revenue up by 15 per cent

18-July-2007
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Q1 results for NDTV sees channels’ consolidated revenue up by 15 per cent

In the financial results declared at the end of the first quarter, NDTV’s consolidated revenues are up by 15 per cent from the previous year. The company’s earnings before interest depreciation taxes and amortisation (EBIDTA) margins have stayed constant despite the pre-operational expenditure on the launch of the company’s launch of its new channel ‘Metronation’.

There has been no increase in NDTV’s standalone cost on quarter basis, but its standalone revenue has gone up by 13 per cent on the year-on-year basis.

NDTV’s expansion in the beyond news space under NDTV Networks has been taking place as per their designed schedule. Their first lifestyle channel is expected to be launched in a few weeks, while NDTV Convergence has developed new high revenue initiatives.

NDTV recently acquired $120 million dollars of funding in order to execute its current business plans.

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