NDTV standalone revenues up by 13% y-o-y

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RESULT HIGHLIGHTS

 

For the quarter ending June 30th, 2007 

 

NDTV standalone revenues up by 13% y-o-y

NDTV standalone costs stable q-o-q (0% increase) 

EBIDTA margins stay constant y-o-y despite pre-operational expenditure related to "Metronation" Channel launch 

NDTV consolidated revenues up by 15% y-o-y 

NDTV consolidated costs include expenditure on roll-out of new businesses including Entertainment and Lifestyle channels 

 

BUSINESS HIGHLIGHTS

 

The expansion of NDTV in the beyond news space under NDTV Networks is proceeding as per schedule. The first Lifestyle channel is due to be launched in the next few weeks, and NDTV Convergence has developed new high revenue initiatives. With the receipt of $120 million dollars in funding, NDTV Networks has achieved funding for present business plans.

 

NDTV maintains a growth trend in its revenues and profits for its news and business channels. While costs are stabilized, NDTV is now the only news channel not to become tabloid and to retain credibility and highest standards. Advertisers are responding positively to this exclusive positioning by NDTV as other channels sensationalize and trivialize. NDTV Profit continues to enjoy the  highest viewership among business channels and is going from strength to strength.

  

Sourced From: Comma Consulting Pvt. Ltd