NDTV Revenues up 46%

NDTV group revenues , for the quarter ending September 30th, 2007 are up by 46 % .The group has also launched four new tv channels namely NDTV Good Times , NDTV Metronation ,Astro Awani Malaysia and NDTV Arabia during this quarter.

NDTV revenues for Q2, FY 08 touched Rs.68 crores compared to Rs. 47 crores in the same quarter last year .EBIDTA rises to Rs. 2.66 crores compared to a loss of Rs. 5.18 crores in the same quarter last year.Operational expenditure of Rs.65.3 crores (standalone) includes costs incurred for the launch of MetroNation: Delhi.

NDTV consolidated revenues hit Rs.77.5 crores, up 42%, compared to Rs.54.5 crores in the same quarter last year.This is a quarter of execution. The NDTV group launched four major 24-hour channels this quarter:

NDTV’s English news channel retains its clear number one position with strong revenue growth.NDTV Profit, the business news channel, has widened its leadership position with a 57% market share (vs. 43% for CNBC) in the top six metros of India. NDTV India , the Hindi news channel of the group was awarded “The Best Hindi News Channel” of the year 2007 by IndianTelevision.com.

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