NDTV hits the roof after turnaround Q1 performance

New Delhi Television was locked at an upper circuit limit of 20% at Rs 35 at 14:50 IST on BSE after a consolidated net profit of Rs 15.25 crore in Q1 June 2019 compared with net loss of Rs 10.09 crore in Q1 June 2018.

The result was announced after trading hours yesterday, 30 July 2019.

Meanwhile, S&P BSE Sensex was up 66.61 points or 0.18% at 37,463.85.

On BSE, 60,000 shares were traded in New Delhi Television (NDTV) counter, compared to a 2-week average of 2,857 shares. The stock hit an intraday high of Rs 35 and an intraday low of Rs 30.60. It hit a 52-week high of Rs 43.10 on 24 December 2018 and a 52-week low of Rs 29.05 on 30 July 2019.

Net sales rose 10.3% to Rs 109.67 crore in Q1 June 2019 over Q1 June 2018.

New Delhi Television (NDTV) is in the business of television media and operates approximately three channels, including a dual channel (NDTV 24x7, NDTV India, NDTV Profit & Prime). The company's segments include television media and related operations, and retail/e-commerce.

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