Broadcasting major New Delhi Television Ltd (NDTV) on Wednesday reported a consolidated net loss of Rs 24.29 crore for the first quarter ended June 30. The company had reported a net loss of Rs 1.49 crore in the same period of previous fiscal, NDTV said in a statement. Total income from operations also declined to Rs 120.01 crore as compared to Rs 147.42 crore in the same period of previous fiscal, it added.
Meanwhile, in a first round of investor funding, NDTV has raised close to USD 80 million for its new e-commerce ventures in Gadgets and Car & Bike, the statement said.
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