NDTV: Airing optimism… - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

NDTV: Airing optimism…

Jun 23, 2004

NDTV, one of India's leading broadcasters and producer of news and current affairs programmes, declared its maiden results yesterday. The company had tapped the capital markets a couple of months back raising over Rs 1 bn through a book-built issue. It must be noted that since its inception in 1988, NDTV produced television news and current affairs programmes for various channels. However, in April 2003, the company simultaneously launched two news channels - NDTV 24X7 (English) and NDTV India (Hindi). Therefore, since the company's primary business has changed from production of television software for other broadcasters to television news broadcasting through its own channels, the company's FY04 financial performance is not comparable to the earlier periods.

(Rs m) 4QFY04 FY04
Net Sales 236 573
Other Income 4 8
Expenditure 222 938
Operating Profit (EBDIT) 13 (365)
Operating Profit Margin (%) 5.6% -63.7%
Interest 16 28
Depreciation 25 93
Profit before Tax (23) (478)
Extraordinary item - (10)
Tax 3 13
Profit after Tax/(Loss) (26) (500)
Net profit margin (%) -11.1% -87.2%
No. of Shares (m) 51.1 51.1
Diluted Earnings per share* -2.0 -9.8
(* annualised)    

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Nov 26, 2021 (Close)