NDTV reports higher consolidated income in Q3 '11

The group's consolidated EBIDTA is Rs 2.9 crore. There was a sharp growth in NDTV's Internet, lifestyle and consultancy businesses

BestMediaInfo Bureau | Delhi | February 13, 2012

For the quarter ended December 31, 2011 (Q3 2011), NDTV has reported EBIDTA of Rs 8.7 crore from news operations (standalone). NDTV group's (consolidated) EBIDTA is Rs 2.9 crore. The company's consolidated income rose to Rs 126 crore from Rs 115 crore in the same quarter last year, an increase of 10 per cent. Expenses have been retained at similar levels as during the preceding quarter

During this quarter, there was a sharp growth in NDTV's Internet, lifestyle and consultancy businesses. NDTV 24x7 and NDTV Good Times were launched on Dish Network (Echostar), the largest platform for ethnic channels in the USA. NDTV 24x7 is the first Indian channel to be available in the Dish Network's International Base Pack. In addition, NDTV 24x7 is also available on the Hindi Mega Pack and the English News Pack.

NDTV Good Times is available on the Hindi Mega Pack and the Masti Pack. NDTV 24x7 is estimated to reach over 175,000 households (approx. 700,000 viewers), while NDTV Good Times estimated to reach over 90,000 households (approx. 360,000 viewers).

NDTV 24x7 has made history by becoming the first news channel from Asia (not just India) to launch on Virgin Media in the UK in their Base Pack, reaching over an estimated 3 million households.

NDTV channels are now available in over 74 countries, reaching over 18 million homes outside India, making it one of the most widely distributed Indian TV networks.

Advertising revenue of NDTV Good Times increased by 25 per cent compared with the same quarter last year. During the quarter, NDTV Good Times held two high-visibility events – The Royal Reservation Event and The Food Awards – aimed at deepening its relationship with both, viewers and advertisers.

Revenue of NDTV Convergence, which operates the Internet and mobile business of the group, grew by 64 per cent over the same quarter last year. ndtv.com has recorded 1.6 billion page views from April 2011 – January 2012. It continues to be the largest TV website with more than 1.5 billion minutes of video views, during the same period.

During the quarter, the all-new www.ndtvprofit.com site was launched. The Hindi portal was also re-launched, resulting in a significant jump in page views. NDTV video alerts were launched on two of the largest mobile service providers: Airtel and Vodafone.

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