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Revenues Flat, Revenue Hit By Distinctive Gadgets

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Revenues Flat, Revenue Hit By Distinctive Gadgets

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New Delhi Tv Ltd. introduced its earnings for the 12 months ended March 31, 2023.

Income from operations for the complete 12 months remained flat at Rs 385.8 crore on a consolidated foundation.

Consolidated revenue for the 12 months was impacted by distinctive objects and stood at Rs 52.94 crore.

The Delhi-based tv broadcaster posted distinctive bills to the tune of Rs 11.76 crore, which included worker severance value of Rs 3.54 crore, the corporate disclosed.

AMG Media Networks Ltd. through an oblique subsidiary acquired 27.26% stake in NDTV from Radhika Roy and Prannoy Roy on Dec. 30, 2022, leading to a controlling stake of 64.71% in NDTV by AMG Media.

The corporate has filed an software with SEBI to reclassify Prannoy Roy and Radhika Roy from ‘Promoter’ to ‘Public’ class shareholders.

The brand new administration and Board are taking steps to spend money on content material, advertising and marketing and distribution initiatives, to create a robust basis for long-term development and scale up its presence throughout segments, the corporate stated in a inventory trade launch.



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