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New Delhi Television Ltd Q2FY24; 57% fall in Profits

New Delhi Television Limited (NDTV) is in the business of television media and currently operates three channels including a dual-channel (NDTV 24×7, NDTV India, and NDTV Profit). NDTV, through its subsidiaries, has expanded its presence beyond news and television into digital content, e-commerce, etc.

Financial Results:

  • New Delhi Television Ltd reported Revenues for Q2FY24 of ₹95.55 Crores down from ₹105.80 Crore year on year, a fall of 9.69%.
  • Total Expenses for Q2FY24 of ₹93.48 Crores up from ₹91.93 Crores year on year, a rise of 1.69%.
  • Consolidated Net Profit of ₹5.55 Crores down 57.41% from ₹13.03 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.92, down 50.54% from ₹1.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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