New Delhi Television (NDTV) today reported a consolidated net loss at Rs 60.8 crore for the quarter ended March 31. It had a net profit of Rs 212.6 crore during the corresponding period the previous year.
"The consolidated results for the quarter and year ended March 31 include the results of operations of Turner General Entertainment Networks India (formerly NDTV Imagine) and its subsidiaries, in which the Group had diluted its holding to a minority stake on February 23, 2010. Therefore, the consolidated results for the quarter and year ended March 31, 2011, are not comparable with the corresponding previous period," NDTV said in a filing to the Bombay Stock Exchange.
Income from operations was Rs 131.9 crore for the quarter ended March 31, compared to Rs 141 crore in the same period last year.
For the year ended March 31, the company posted a consolidated net loss of Rs 173.9 crore, while it had net profit of Rs 117.7 crore in the previous year. Income from operations was Rs 418.6 crore in 2010-11, as compared to Rs 590.3 crore last year.
Its shares closed at Rs 67.40 a piece, up 0.3 per cent from its previous close on the BSE.
