wordpress blog stats
Connect with us

Hi, what are you looking for?

Earnings: NDTV posts profit of Rs 20.3 crore, digital arm marks ‘best quarter ever’

Media organisation NDTV Group reported a profit of Rs 20.3 crore in the quarter ending December 31, 2020, an increase of Rs 2.7 crore compared to the previous quarter. The group’s digital media business NDTV Convergence, the company’s digital arm which operates NDTV websites, reported a profit of more than Rs 10 crore. A press release from the company said that NDTV Convergence “marked its best quarter ever”. Its revenue increased by 32% compared to the same quarter last year.

The group’s broadcasting arm NDTV Limited posted a profit of Rs 10.6 crore, nearly double what it had reported in the previous quarter. This figure corresponds to a turnaround of Rs 3.9 crore over Q3 FY20. “Overall, this is the NDTV Group’s best quarterly result in the last eight years,” the company declared.

The group was able to reduce its bank borrowing by Rs 27 crore (this figure was Rs 22 crore at the end of the last quarter) despite the business environment during the COVID-19 pandemic. The company had had to announce pay cuts to employees in April 2020, which were gradually reversed over August to October 2020, according to a regulatory filing from last quarter.

Financial snapshot

NDTV Limited (Broadcasting arm):

  • Revenue: Rs 55.37 crore (up 1.8% YoY, up 26.19% QoQ)
  • Profit after tax: Rs 10.53 crore (up 58.10% YoY, up 97.16% QoQ)

NDTV Group (consolidated):

  • Revenue: Rs 105.83 crore (up 12.88% YoY, up 12.16% QoQ)
  • Profit after tax: Rs 22.69 crore (up 87% YoY, up 10.46% QoQ)
  • Profit after tax (attributable to owners): Rs 20.32 crore

Earnings | Press release

Advertisement. Scroll to continue reading.
Written By

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



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.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

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