NDTV Group reports consolidated total income of Rs 78.80 crore for Q2 2020

NDTV Convergence, the digital branch of the company which includes ndty.com, has recorded yet another profitable quarter with an EBIDTA of 18%

e4m by exchange4media Staff
Updated: Nov 13, 2019 6:59 PM
NDTV

NDTV Group has reported a consolidated total income of Rs 78.80 crore for Q2 2020.

The company has said it continues to maximize resource efficiency with operating costs reduced by 13 per cent over the last year at NDTV and NDTV Group level.

NDTV Group’s focus continues to be on increasing and growing its digital business, The website, ndtv.com continués to grow and is now in the top 20 news websites of the world, ahead of several other websites. NDTV will now in the months ahead look at-even greater emphasis on digital with increased integration and ‘richer content from its television operations.

NDTV Convergence, the digital branch of the company which includes ndty.com, recorded yet another profitable quarter with an EBIDTA of 18%. With over 300 million video views across platforms, this-has.shown.a significant increase.

After 5 consecutive quarters of profit, the NDTV group has declared a loss of Rs. 10.27 crore. Of this, a loss of Rs. 10.16 crores were from the television operations mainly due to a fall of advertising. revenues, a challenging environment amid the slowdown in the overall economy.

The company continues to maximize resource efficiency with opérating costs reduced by 13% per cent over the last year at NDTV and NDTV group level.

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