NXTDIGITAL posts total income of Rs 938.68 crore up 78%

The company has reported consolidated net profit after tax of Rs 33.63 crore for the quarter

e4m by exchange4media Staff
Updated: Feb 4, 2020 3:07 PM
NXTDigital

NXTDIGITAL Limited has reported its financial results for the quarter and nine months ended December 31, 2019.

On a consolidated basis, the company has reported a total income of Rs 938.68 crore for the nine months ended December 31, 2019, as against a total income of Rs 527.36 crore for the corresponding period of the previous year recording a growth of close to 78%.

For the same period, the company has reported a Profit After Tax of Rs 100.10 crore as against a loss of Rs 344.04 crore for the corresponding period of the previous year.

The company has reported a consolidated net profit after tax of Rs 33.63 crore for the quarter as against a net loss after tax of Rs 122.84 crore for the quarter ended December 31, 2018.

The company has said the main growth driver has been the smart turnaround of the media business of the company carried out through its significant subsidiary IndusInd Media & Communications Limited.

For more updates, be socially connected with us on
WhatsApp, Instagram, LinkedIn, Twitter, Facebook & Youtube

Stay updated with the latest news in the Marketing & Advertising sector with our daily newsletter

By clicking Sign Up, I agree to the Terms of Use and Privacy Policy.