NDTV Group registers growth, adds Rs. 23 crore

NDTV Standalone turns profitable in 1st Quarter with a profit of Rs. 2.6 crore compared to a Loss of Rs. 19 crore for the same period last year, a positive swing of Rs. 21.5 crore. NDTV standalone registered growth of 47% in revenues, Rs. 117 crore in Q1 CY as compared to Rs. 80 crore in Q1 LY and; General News continues to be profitable and recorded an EBITDA of Rs. 26 crore; an increase of Rs. 20 crore compared to the same period last year. NDTV Profit / Prime: Net Loss of Rs. 11 crore same as last year despite the re-launch costs incurred during the quarter on the back of impressive revenue growth of 81% in the current quarter. NDTV Group PAT performance improved by Rs. 23 crore, from a loss of Rs. 24 crore in Q1 last year to Rs. 1 crore loss in current quarter.

Consolidated revenues increased by 40% to Rs. 150 crore in Q1 CY from Rs 107 crore in Q1 LY. NDTV Convergence maintained its growth momentum clocking 50% growth YoY and continues to be profitable. ndtv.com saw unprecedented traffic with 13 billion hits in one day- on the counting day of 16th May 2014 for the Lok Sabha elections.

NDTV Group PAT performance improved by Rs. 23 crore, from a loss of Rs. 24 crore in Q1 last year to Rs. 1 crore loss in current quarter. Consolidated revenues increased by 40% to Rs. 150 crore in Q1 CY from Rs 107 crore in Q1 LY. NDTV Convergence maintained its growth momentum clocking 50% growth YoY and continues to be profitable. ndtv.com saw unprecedented traffic with 13 billion hits in one day - on the counting day of 16th May 2014 for the Lok Sabha elections.