NDTV Q2 Results - NDTV fuels Digital Growth
NDTV Release data of Earnings for the Quarter Ended 30th Sept, 2015 as mentioned below:
NDTV Group (before E-Commerce) reports operating profit of Rs 2 crore compared to a loss of Rs 8.5 crore in the same period last year.
NDTV Standalone reports improved results, reduced its loss to Rs 7 crore in current quarter against a loss of Rs 20 crore in the same quarter last year
NDTV Convergence registered operating revenue growth of 32% Y-o-Y
- Teleweb System Metric for the period April to June 2015 shows www.ndtv.com featuring at number three among mobile sites just behind facebook and youtube
- NDTV Convergence signed one of the largest ever digital revenue deals with Taboola. The deal is expected to earn total revenue of between Rs 90-100 crore over a span of 3 years.
NDTV’s E-Commerce businesses reported a loss of Rs 13 crore as against a loss of Rs. 4 crore in the same period last year;
- Secured funding at a valuation close to $ 80 million for its gadgets and auto e-commerce play
- Gadgets360.comis the country’s undisputed number 1 Gadget site with unique visitors crossing 25 million per month.
Financials – Breakdown by Key Verticals:
All figures in Rs crores
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