NDTV surges 18% on posting highest-ever net profit in nine years in Q3

Based on the current business plan and projections prepared by the management, the Company expects further growth in operations

Shares of New Delhi Television (NDTV) surged 18 per cent to Rs 138 on the BSE in Thursday's intra-day trade after the company reported a consolidated net profit of Rs 27.6 crore in December quarter (Q3FY22). NDTV said its Q3 was the most profitable quarter for the Group in the last nine years. The company had posted profit of Rs 20.3 crore in the year-ago quarter (Q3FY21).

For the third quarter (Q3), the television arm of the company, NDTV, has recorded a profit of Rs 17.3 crore, Rs 6.8 crore higher than the same time last year. The television