NDTV reported Operating Income of Rs. 418.57 crore, a decrease of 29.09% from last year's income of Rs 590.30 crore, and a net loss of Rs. 173.89 crore, on a consolidated basis, for the full year ending March 31st 2011. This is despite substantial reduction in costs - down to Rs 525.43 crore, from Rs. 894.53 crore. Employee cost were down to Rs 147.62 crore. Last year, NDTV's results were given a leg up from a sale of subsidiary, and this year, there was no such buffer. Last fiscal, NDTV got an approval from the Delhi High Court for the merger of NDTV Studios, NDTV India Plus, NDTV Hindu Media, NDTV Business, NDTV News 24X7, New Delhi Television Media, NDTV Delhi and NDTV News into the company with effect from 1st April 2010. In accordance with the scheme, the company has given effect to the relevant accounting entries and the financial reorganisation and adjusted the debit balance of profit and loss account amounting to Rs 76.17 crore against specified reserves. NDTV Standalone: FY11 – Operating Income was at Rs. 347.22 crore, a minor decrease from Rs. 348.62 crore for the previous year. – Employee costs (Rs 116.52 crore from Rs 92.48 crore) and administration and operating expenses (Rs 91.02 crore from Rs 79.48 crore) increased. Consequently, total expenditure for the year was Rs. 395.95 crore, up from Rs. 354.89 crore during the previous year. – NDTV reported net loss for the year at Rs. 98.63 crore, compared to Rs. 20.52…
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