NDTV Group records profit of Rs 15.2 crore in Q1
NDTV Convergence, the digital branch of the company, has recorded its highest-ever revenue in this quarter
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Published: Jul 31, 2019 7:43 AM | 1 min read
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In the quarter ended June 30, 2019, NDTV Group recorded a profit of Rs 15.2 crore. The company's television business has earned a profit of Rs 9 crore against Rs 0.6 crore in Q1 last year.
At the group or consolidated level, there is a turnaround of Rs 25.3 crore. For the television business, the improvement is of Rs 8.4 crore over the same time last year.
At the group level, NDTV is profitable by Rs 19.91 crore before tax and exceptional items, and its share of losses in associate or joint ventures as against a loss of Rs. 0.92 crore for the same period last year.
NDTV Convergence, the digital branch of the company, has recorded its highest-ever revenue in this quarter. Its EBITDA of 30 per cent is an improvement over the last years.
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