NDTV Q4 Results: Net profit plunges 98% to Rs 59 lakh on weak advertising demand
New Delhi Television’s revenue from operations falls 35.5% to Rs669.6 million. Total expenses rieses 5.9% driven by production and services costs. Last month, Reliance Industries’ rival TV18 Broadcast posted a dip in quarterly profit, citing lower than expected advertisement revenue in a sign of the economic downturn caused by aggressive interest rate hikes and high inflation.
