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New Delhi Television Results: Latest Quarterly Results & Analysis

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New Delhi Television Ltd. 23 Oct 2024 17:19 PM

Q2FY25 Quarterly Result Announced for New Delhi Television Ltd.

Broadcasting & Cable TV company New Delhi Television announced Q2FY25 results

  • Achieved a 17% year-on-year (YoY) revenue growth.
  • Hindi platform saw a 24% rise in traffic, while the English platform grew by 41% compared to August 2023.

Sanjay Pugalia, NDTV’s Whole-time Director and Editor-in-Chief said: "Our exceptional Q2 performance underscores our commitment to delivering insightful and actionable news to our audiences worldwide. As we continue to grow and innovate, an event like NDTV World Summit, reflects our ambition to play a pivotal role in shaping conversations that matter on both national and global stages."

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Broadcasting & Cable TV company New Delhi Television announced Q1FY25 results:

  • NDTV Limited PAT: (Rs 44.1 crore) in Q1FY25 compared to (Rs 7.4 crore) in Q1FY24.

  • NDTV Consolidated PAT: (Rs 47.1 crore) in Q1FY25 compared to (Rs 8.1 crore) in Q1FY24.

  • The Company reported a significant increase in revenue, outpacing the performance of the previous year’s first quarter by a substantial margin. The revenue for the quarter increased 34% YoY driven by the Lok Sabha election programming and 44% growth in digital traffic.

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Broadcasting & Cable TV company New Delhi Television announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • NDTV reports a 59% YoY increase in revenue for the fourth quarter.
  • Digital Traffic: NDTV Convergence experienced a 39% increase in global digital traffic in March 2024 compared to April 2023.
  • Standalone PAT: The company reported a loss of Rs 6.7 crore in the current year against a profit of Rs 3.3 crore (after exceptional items) in the last year.
  • Revenue: The figure is Rs 106.5 crore, in contrast to Rs 67.0 crore in the same quarter of the previous year.
  • Consolidated PAT: NDTV saw a consolidated loss of Rs 8.7 crore compared to a loss of Rs 1.1 crore in the same quarter last year.

FY24 Financial Highlights:

  • Standalone PAT: Yearly loss stood at Rs 12.3 crore from a profit of Rs 28.6 crore last year.
  • Consolidated PAT: Full-year loss was Rs 21.4 crore compared to the previous year's profit of Rs 52.9 crore.

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Broadcasting & Cable TV company New Delhi Television announced Q2FY24 results:

1. Financial Performance
- NDTV Group reported a profit after tax of Rs 8.1 crore for the broadcasting business and Rs 5.9 crore for the Group in Q2 FY 23-24.
- Despite a slightly bullish advertisement spend environment, NDTV Group delivered a profit after tax, showcasing resilience in the face of the muted economic situation.
- Revenue for the quarter increased by 37% compared to the preceding quarter (Q1) but declined by 10% compared to the same quarter last year.
- Operating expenses were slightly higher compared to the previous year's Q2, mainly due to investments in the launch of regional channels.

2. Regional Channel Expansion
- NDTV launched two regional channels, "NDTV Madhya Pradesh | Chhattisgarh" and "NDTV Rajasthan" during Q2.
- The company intends to continue its focus on expansion and growth by launching more regional channels in the near future.
- The objective of NDTV Group is to become a contemporary, digital-first media network, catering to Indian and global audiences and seeking respect, credibility, and balanced impact.
 

 

 

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Broadcasting & Cable TV company New Delhi Television announced Q1FY24 results:

  • On a Standalone & Consolidated basis loss stands at Rs 7.4 crore & 8.1 crore respectively for Q1FY24.
  • Revenue is down by 35% due to lower advertising spending both on broadcasting and digital.
  • Despite low advertisement spending, digital business remains profitable in Q1FY24 for NDTV Group.
  • To build up a credible News Brand and capitalise on the brand value of NDTV, the Board and the new Management are taking necessary steps to invest in content, marketing, and distribution initiatives as well as focusing to improve the profitability of the Company in the quarters to come.

 

 

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Broadcasting & Cable-TV company New Delhi Television (NDTV) announced FY23 results:

  • NDTV group PAT at Rs 49 crore for FY23, down from Rs 80 crore in FY22
  • NDTV limited PAT at Rs 29 crore for FY23, down from Rs 59 crore in FY22
  • With the continued focus of NDTV Group to reduce the external borrowings, it has reduced from Rs 9 crore in FY22 to Rs 3 crore as on March 31, 2023
  • The cash and cash equivalents were at Rs 103.6 crore vs. Rs 116.4 crore in FY22
  • The one-time expenses on account of severance pay and one-time write-off provisions have impacted the EBITDA margins by Rs 4.80 crore
  • On social media, NDTV’s following remains premium. NDTV is the most-popular news handle on Twitter with 17.7 million followers NDTV channels on YouTube have a nearly 29 million subscribers

On December 30, 2022, AMG Media Networks (AMNL), through its indirect subsidiary RRPR Holding acquired a 27.26% stake in NDTV, resulting in a controlling stake of 64.71% in NDTV by AMNL through its subsidiaries. On the occasion, Gautam Adani, Founder and Chairman of the Adani Group said, “The Adani Group is privileged to further bolster NDTV with world-class infrastructure and talent and transform NDTV into a thriving multi-platform global news organization.”

Sanjay Pugalia, CEO, AMG Media Networks said, “One of the first things we plan to do is to strengthen and invest in the NDTV newsroom to be a multi-faceted multi-media digital platform. To grow NDTV’s digital reach via greater global content, new formats, personalization and interactivity with viewers would require more reporters, producers and editors supported by strong research tools. We will deliver news that really adds value to the lives of Indian citizens and those interested in India.”

 

 

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New Delhi Television announced Q2FY23 results:

  • H1FY23:
    • Consolidated profit for the Group for H1 was Rs 35.2 crore, a growth of 26% over last year.
    • The television company’s profit for H1 was Rs 20.7 crore compared to Rs 24 crore last year. Profit this year was higher without exceptional items or one-time gains recorded last year.
  • Q2FY23:
    • The television company clocked a profit of Rs 8.2 crore; for the group, the profit was Rs 12 crore, comparable to the same period as last year.
  • The group’s digital arm, NDTV Convergence, delivered its best-ever result for the year-to-date with a profit of Rs 20.7 crores; its revenue has increased by more than 30% over last year.

 

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Broadcasting & Cable Tv firm New Delhi Television Announced Q1FY23 Result :

  • The NDTV Group is declaring its best-ever first quarter (Q1) in the last 14 years with Profit After Tax of Rs 23.2 crores. Revenue over the same quarter last year has increased by Rs 18 crores.
  • It should be noted that Q1 last year included an exceptional item (sale of an investment). If that were to be excluded, revenue has improved by Rs 24.5 crores over last year and profit has improved by Rs 13.7 crores over last year.
  • NDTV Limited, the Group’s television arm, has recorded a profit of Rs 12.5 crores. For Q1, this is the Company’s second-best performance ever for profitability. If the exceptional item recorded in Q1 last year were excluded, this would be the television company’s best-ever Q1.
  • NDTV Convergence, the Company’s digital arm, has completed its most-successful ever quarter, recording its highest-ever revenue; Profit After Tax is at an all-time high of Rs 13.7 crores.
  • The Group continues to aggressively reduce its external liabilities, which are down by Rs 6 crores (including bank borrowings) in this quarter and by Rs 206 crores (including bank borrowings) from three years ago (as of March 31, 2019).

 

 

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Broadcasting & Cable TV company New Delhi Television declares Q4FY22 result:

  • NDTV result: TV profit at an all-time high, group’s best in over a decade
  • NDTV results: TV and online companies record highest-ever profit
  • The NDTV Group‘s television company, NDTV Limited, has recorded its most profitable quarter and year in its history. The profit for Q4 is Rs 17.8 crores and Rs 59.2 crores for the year 2021-2022.
  • The annual consolidated profit for the group is the highest in over a decade at Rs 79.7 crores. Significantly, the Group’s profit on core business, excluding gains on investments, has nearly doubled from Rs 38.5 crores to Rs 73.3 crores.
  • NDTV Convergence, the digital arm of the Group, has in this financial year delivered its highest-ever revenue and profit. Its position as the market leader for credible news has helped it consolidate its position as one of the country’s few profitable online content companies.
  • The Group has in the year 2021-22 cut its external liabilities (including borrowings) by Rs 106.4 crores.

 

 

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New Delhi Television announced Q3FY22 results:

  • The NDTV Group has earned a profit of Rs 27.6 crores for the third quarter; with this, its year-to-date profit is Rs 55.6 crores.
  • The television branch has recorded a profit of Rs 17.3 crores, Rs 6.8 crores higher than the same time last year.
  • External liabilities for the Group have decreased by Rs 69.2 crores so far in this financial year; bank borrowings for the Group have also shrunk by Rs 42.8 crores year-to-date
  • NDTV’s digital arm, NDTV Convergence's profit stood at Rs 12.2 crores in this quarter

 

 

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