NDTV's digital business reported profits of Rs 7 crores on revenues of Rs 38 crores, even as the group continued to make losses. Revenues for the digital business were up marginally quarter on quarter (from Rs 37 crores), and 65% up from Rs 23 crores last year. Profit was marginally lower than from Rs 8 crores last quarter. The business had made a loss of Rs 3 crores for the same quarter last year. Q1 is typically a slow quarter for advertising supported businesses, and other media businesses have mentioned that advertising was held back owing to GST. Expenses for the digital business were Rs 25 crores, marginally lower than Rs 26 crores for the same quarter last year, but higher than the Rs 22 crores reported for the last sequential quarter. The Group’s TV and allied businesses reported losses of Rs 19 crores on revenues of Rs 77 Crores. Revenues were down from Rs 93 crores last year, while losses were the same as last year. The company said that its NDTV Convergence business now has 135 million unique visitors a month across properties, which is 100% higher than what it was last year. There's no mention of pageviews, although the company had said last quarter that it was doing over a billion pageviews on 120 million unique visitors. During the quarter, NDTV also entered a high traffic segment: railway enquiry. The company launched RailBeeps, a site for checking PNR status for IRCTC, train status, and check for trains running between stations. The…
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