NDTV reports Q1 net loss at Rs 24 crore
Total income from operations also declined to Rs 120.01 crore
)
Broadcasting major New Delhi Television Ltd (NDTV) today reported a consolidated net loss of Rs 24.29 crore for the first quarter ended June 30.
The company had reported a net loss of Rs 1.49 crore in the same period of previous fiscal, NDTV said in a statement.
Total income from operations also declined to Rs 120.01 crore as compared to Rs 147.42 crore in the same period of previous fiscal, it added.
Meanwhile, in a first round of investor funding, NDTV has raised close to USD 80 million for its new e-commerce ventures in Gadgets and Car & Bike, the statement said.
NDTV shares today ended 2.17 per cent up at Rs 127.40 apiece on the BSE.
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Aug 05 2015 | 7:28 PM IST