Top Story

e4m_logo.png

Home >> Media - TV >> Article

NDTV Q3 net up 50 pc at Rs 10.5 crore, standalone revenues up 33 pc

18-January-2008
Font Size   16
NDTV Q3 net up 50 pc at Rs 10.5 crore, standalone revenues up 33 pc

Media major NDTV has reported a 50 per cent hike in its Q3 FY08 net profit at Rs 10.57 crore (excluding the costs associated with MetroNation, which is in its early phase) as compared to Rs 7.06 crore for the corresponding period last fiscal. The company also reported standalone revenues of Rs 89.5 crore y-o-y, up 33 per cent against Rs 67.5 crore in the corresponding quarter of the last fiscal.

EBIDTA rose to Rs 21.54 crore from Rs 18 crore in the same quarter last year. Standalone operational expenditure of Rs 67.9 crore includes costs of MetroNation-Delhi amounting to Rs. 3.51 crore. NDTV’s consolidated revenues rose to Rs 108.5 crore, up 37 per cent compared to Rs 79.4 crore in the same quarter last year.

Meanwhile, the Group is upbeat about its new GEC, NDTV Imagine, which will be launched on January 21, 2008.

In a release, NDTV claimed that MetroNation had captured over 11 per cent market share in the NCR within three months of its launch, ahead of several national news channels. NDTV further claimed that its first lifestyle channel, Good Times, had acquired market leadership in the lifestyle genre, winning Best Channel of the Year award.

Tags

Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

Meanwhile Radio City and Radio Mirchi ruled Bangalore and Kolkata respectively

Pankaj Belwariar, who recently resigned from the post of Vice President Marketing at Sakal Media Group, has now joined Rajasthan Patrika as the Head of Marketing in North and East region.

A look at Vivo’s ad campaign with their all-new brand ambassador Aamir Khan, which has fetched them a whopping 21 million views on YouTube