NDTV narrows Q1 net loss to Rs 22.01 crore

Media firm New Delhi Television Ltd (NDTV) has narrowed its consolidated net loss to Rs 22.01 crore for the quarter ended June 30, 2017.
The company had posted a net loss of Rs 44.55 crore during the same period of the previous fiscal, NDTV said in a BSE filing today.
Total income during the quarter under review stood at Rs 109.6 crore, as against Rs 108.57 crore in the year ago period.
Total expenses in the April-June quarter was Rs 128.43 crore, compared to Rs 147.76 crore in the corresponding period of the previous fiscal, down 13.08 per cent.
Revenue from television media and related operations during the quarter under review was Rs 103.48 crore, compared to Rs 105.61 crore in the same quarter last fiscal.

Revenue from its retail/e-commerce stood at Rs 3.18 crore in Q1 of FY 2016-17, as against Rs 1.31 crore of the same period last year.
The stock of the company remained unchanged at Rs 47.25 on BSE today.