NDTV Group’s Finest Q2 Ever, Revenue Of Rs 17.6 Crore
The NDTV Group is declaring the finest Q2 ever in its history with a revenue of Rs 17.6 crore. This marks a turn-around in profitability of Rs 28 crore over the very same quarter in 2015.
Its broadcast company, NDTV Limited, has made a revenue of Rs 5.3 crore, which is a turn-around of Rs 155 crore over the same quarter last year.
This is the very best H1 (first half of monetary year) result for the television company in its history.
Regardless of the downturn of the economy with the start of the pandemic, the Group has lowered its bank borrowings by Rs 22 crore considering that the start of this monetary year.
NDTV Convergence, the digital arm of the Group, has improved its income by a record 31 percent over last year and its EBITDA is at an all-time high of 39%.
NDTV is really happy of and grateful for the whole-hearted support extended to it by all staff members, a number of whom took a pay cut in the very first half of the financial year.
The Management of the Group continues to focus on shoring against any effect of the pandemic which could play out over the remainder of the fiscal year.
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