wordpress blog stats
Connect with us

Hi, what are you looking for?

NDTV Q3-FY14 Revenue Dips; Board Approves NDTV Labs & NDTV Convergence Merger


Media house NDTV has reported total operational revenue of Rs 127.43 crore for the quarter ended December 31, 2013, down 2.1% from Rs 130.11 crore in the same quarter last year but up 20% from Rs 106.19 crore in the previous quarter.

The company reported a net loss of Rs 10.43 crore for the quarter, as compared to Rs 14.87 crore profit in the same quarter last year. It had reported a loss of Rs 15.26 crore in the previous quarter.

TV Media Revenues 

NDTV’s television media segment reported revenues of Rs 131.02 crore for the quarter, which was marginally up from Rs 130.11 crore in the same quarter last year but significantly up from Rs 107.42 crore in the previous quarter. Note that this revenue includes inter-segment revenues, hence is higher than the reported operational revenue earlier.

The company reported a profit of Rs 3.29 crore for the quarter, down from Rs 14.05 crore profit in the same quarter last year but an improvement from Rs 1.98 crore loss in the previous quarter.

Advertisement. Scroll to continue reading.

NDTV’s e-commerce business reported revenues of Rs 2.31 crore and a loss before tax of Rs 5.38 crore for its second operational quarter. More on that here.

Board Approval For Merger of NDTV Labs & NDTV Convergence

NDTV has also informed BSE that it has received a in-principle approval from the company’s board of directors for the merger of its subsidiaries NDTV Labs Limited with NDTV Convergence Limited. The company had earlier informed that both the entities will be merged to a new unnamed subsidiary in February 2013.

Note that it has been almost one and half years after NDTV first approved the merger of these two companies. NDTV Convergence is the company’s digital arm which operates NDTV’s online and mobile businesses.


Also ReadNDTV Questions comScore’s Online News & Information Readership Report

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.


Find out how people’s health data is understood to have value and who can benefit from that value.


The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ