News NDTV reduces TV biz losses in Q2; bullish on digital, e-commerce

[Deepu]

News broadcaster New Delhi Television (NDTV) is focused on diversifying in the digital and e-commerce space even as it tries to turn around news, its core business, despite lower ad growth and higher carriage cost. NDTV has managed to reduce its fiscal second quarter consolidated as well as standalone net loss mainly on the back of revenue increase and tight control on the operative and administrative expenses. Consolidated net loss (after taxes, minority interest and share of associate) in the quarter ended 30 September 2015 stood at Rs 17.19 crore (Rs 171.9 million), compared to a net loss of Rs 26.89 crore (Rs 268.9 million) a year ago.

Read more at: http://www.televisionpost.com/television/ndtv-reduces-tv-biz-losses-in-q2-bullish-on-digital-e-commerce/ | TelevisionPost.com

 

[scorpionking76]

Good to see their loss is dipping

 

[DashMajor]

Hope they ables to return Ambani's money.

 

[IndianMascot]

Let them go to so much loss that they need to wind up the business.

 

[Technoglitch]

i find NDTV is better than Times now.

 

[Sanjeev]

i find NDTV is better than Times now.

In what sense

 

[Technoglitch]

in terms of news and its presentation.

 

[IndianMascot]

i find NDTV is better than Times now.

90% of Intolerance of our country will be wiped out of 3 news channel, ABP News, Times Now and NDTV is closed. Trust me. Its real and bitter truth.

 

[Technoglitch]

It is because times now initiated the sensational news bro.

 

[IndianMascot]

All these are equally culprit is making news sensational bro.

Media is not doing its homework and real work these days. They are all busy generating TRP by presenting anything which would bring them money. They have gone to a new low in India.