NDTV reported 85 per cent rise in profit after tax (PAT) to Rs 4.88 crore in the third quarter ended December 2006 against Rs 2.64 crore in the same period last year. | |
Total income increased by 15.21 per cent to Rs 79.38 crore from Rs 68.90 crore during the period under review. The company's operating profit margin dropped from 22.24 per cent to 17.77 per cent year on year.
| Rs crore | Quarter ended Dec | | 2005 | 2006 | | Total income | 68.90 | 79.38 | | Total expenses | 49.34 | 59.98 | | Operating profit | 15.33 | 14.11 | | Profit after tax | 2.64 | 4.88 |
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| A company press release issued late Wednesday night said profits and revenues rose despite huge incubation costs. Its quarter-on-quarter revenues were up 46 per cent to Rs 79 crore and while its q-o-q PAT was up at Rs 4.90 crore compared with the last quarter's loss of Rs 3.70 crore. |
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| NDTV's Indonesian JV (Astro Awani) made profits this quarter within just six months of its launch. The channel is on track to launch its Malaysian channel shortly. The company has also launched operations in Australia and New Zealand. |
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