NDTV Q2 FY25 results: Revenue surges to INR 112cr

NDTV announced its Q2 FY25 results, reporting a revenue of INR 112 crore, marking a 13.1 percent growth compared to INR 99 crore in the same quarter last year. Revenue from operations rose 16.2 percent year-over-year to reach INR 111.3 crore, driven by a strategic push in content, a diversified portfolio of intellectual properties, and an enhanced digital focus.

For the quarter ending September 30, 2024, NDTV allocated INR 44.8 crore towards marketing, distribution, and promotion—up by 6.2 percent from the previous quarter and significantly higher than INR 20.8 crore from the same period last year, reflecting the company’s increased investment in audience engagement and reach.

Digital growth played a key role in NDTV’s performance. The network reported a 24 percent traffic increase on its Hindi platform and a notable 41 percent surge on its English platform in August 2024 compared to August 2023. Additionally, NDTV’s English YouTube channel secured the top spot in viewership within the English news category in September, strengthening its digital news leadership.

In a notable development, NDTV hosted the NDTV World Summit, a two-day event featuring Prime Minister Narendra Modi’s inaugural address. During the summit, PM Modi launched NDTV World, a new global news channel, marking NDTV’s ambitious expansion into the international news space.

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Imaan India Samman is an event mobilized by Aavishkar Media Group, which was launched in 2012. Giving the award to the NGOs for giving their contribution to society.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!