NDTV’s loss and profit

IN Media Watch Briefs | 09/11/2017

Television Post reports that NDTV’s standalone net loss has jumped 35% to Rs 17.92 crore for the 2nd quarter of FY ‘18 as against Rs 13.29 crore in the corresponding quarter of the previous fiscal. It adds that revenue from operations has fallen 22.18%.  The standalone result is of financials for the TV news broadcasting and allied business while the consolidated result includes TV, digital, and e-commerce. The net profit from digital grew 40% to Rs 7 crore from Rs 5 crore.              

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The ongoing battle between Gujarat MLA Jignesh Mevani and Republic Television took a new turn when he was to address a press conference in Chennai today. Mevani at first objected to the Republic journalist being present but agreed to his being there if he didn't ask any questions. The journalists initially agreed but when Mevani still insisted that the Republic journalist leave, the Chennai media decided to boycott him.                        

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