New Delhi Television Ltd. announced its earnings for the year ended March 31, 2023.
Revenue from operations for the full year remained flat at Rs 385.8 crore on a consolidated basis.
Consolidated profit for the year was impacted by exceptional items and stood at Rs 52.94 crore.
The Delhi-based television broadcaster posted exceptional expenses to the tune of Rs 11.76 crore, which included employee severance cost of Rs 3.54 crore, the company disclosed.
AMG Media Networks Ltd. via an indirect subsidiary acquired 27.26% stake in NDTV from Radhika Roy and Prannoy Roy on Dec. 30, 2022, resulting in a controlling stake of 64.71% in NDTV by AMG Media.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
The company has filed an application with SEBI to reclassify Prannoy Roy and Radhika Roy from 'Promoter' to 'Public' category shareholders.
The new management and Board are taking steps to invest in content, marketing and distribution initiatives, to create a strong foundation for long-term growth and scale up its presence across segments, the company said in a stock exchange release.
Disclaimer: AMG Media Networks Ltd., a subsidiary of Adani Enterprises Ltd., holds 49% stake in Quintillion Business Media Ltd., the owner of BQ Prime.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.