NDTV Group reports its best first quarter (Q1) in over a decade with a profit of ₹ 16 crore. The group’s television company – NDTV Limited – recorded the best first quarter in its history with a profit of 13.9 crore.
NDTV Convergence, the digital arm of the Group, achieved another profitable quarter with a 41% increase in revenue compared to the same period last year.
The Group’s total liabilities were reduced by ₹ 23 crore during this quarter; bank loans are down ₹ 8.7 crore.
NDTV, with the support of every employee, has worked to alleviate any uncertainty caused by the impact of the pandemic on the economy and all businesses. He thanks his team for their superlative reporting and their commitment to providing information as an essential service during these difficult times.
Taking into account the economic landscape, the Management will control the expenses and will concentrate all its efforts on strengthening the financial position of the Company.
Shares of New Delhi Television Limited were last trading on BSE at Rs. 74.2 from the previous close of Rs. 78.45. The total number of shares traded during the day was 6,139 in more than 289 trades.
The action hit an intraday high of Rs. 78.25 and an intraday low of 73.2. The net turnover during the day was Rs. 461,191.