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NDTV digital revenues at Rs 37 Cr, overall profits up in Q1FY19

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NDTV Group's digital business clocked in revenues of Rs 37 crores with Profit After Tax (PAT) of Rs 4 crores in Q1FY19. In the financial year ended 2017-18, the digital arm earned a revenue of Rs 144 crores and a record PAT of Rs 20 crore. Overall profits of the group amounted to Rs 60 lakh, an improvement from a loss of Rs 14 crores QoQ and Rs 16 crores YoY. NDTV culled spending by 22% to Rs 70 crore this quarter compared to Rs 90 crore in the corresponding quarter of 2017. It had reduced operating costs by 24% percent YoY from Rs 84 crores to Rs 64 crores. NDTV Convergence saw a 50% rise in traffic with 200 million unique visitors in this quarter, up from 150 million unique visitors a month in Q4-FY2018. In 2017, NDTV.com had over…

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