Business
Press Release Feb 07 2023
NDTV Group has profitable Q3; Digital business clocks its highest ever revenue for the quarterThe NDTV Group is declaring its 2nd most profitable year-to-date results in over a decade. For Q3 as well, the NDTV Group remains profitable.NDTV s standalone YTD profit is ₹ 25.3 crores compared to ₹ 41.4 crores last year. The group s digital arm, NDTV Convergence, has delivered its best-ever revenue for Q3 with a profit of ₹ 13.3 crores. YTD revenues are up by 22% over last year.Particulars PAT (₹ Crore) Q3FY 22- 23 Q3FY 21- 22NDTV Limited 4.6 17.3NDTV Group 12.9 27.6NDTV has clocked a profit of ₹ 4.6 crores in Q3 on standalone basis; for the Group, the profit is ₹ 12.9 crores - lower in comparison to the same quarter last year, primarily due to reduction in consumption of advertisement inventory across news genre. This is the 13th consecutive profitable quarter for the NDTV Group. As always, NDTV thanks its team-members for their hard work and commitment to delivering world-class journalism day after day.
About this update from New Delhi Television Limited
[{"type":"text","content":" NDTV Group has profitable Q3; Digital business clocks its highest ever revenue for the quarterThe NDTV Group is declaring its 2nd most profitable year-to-date results in over a decade. For Q3 as well, the NDTV Group remains profitable.NDTV s standalone YTD profit is ₹ 25.3 crores compared to ₹ 41.4 crores last year. The group s digital arm, NDTV Convergence, has delivered its best-ever revenue for Q3 with a profit of ₹ 13.3 crores. YTD revenues are up by 22% over last year.Particulars PAT (₹ Crore) Q3FY 22- 23 Q3FY 21- 22NDTV Limited 4.6 17.3NDTV Group 12.9 27.6NDTV has clocked a profit of ₹ 4.6 crores in Q3 on standalone basis; for the Group, the profit is ₹ 12.9 crores - lower in comparison to the same quarter last year, primarily due to reduction in consumption of advertisement inventory across news genre. This is the 13th consecutive profitable quarter for the NDTV Group. As always, NDTV thanks its team-members for their hard work and commitment to delivering world-class journalism day after day. View Attachment","length":1206,"tagName":"div"}]