New Delhi Television Ltd (NDTV) today reported narrowing of consolidated net loss at Rs 17.19 crore in the second quarter ended September 30.
The company had posted a consolidated net loss of Rs 26.89 crore in the same period last fiscal, NDTV said in a BSE filing.
Total income from operations was Rs 127.6 crore as against Rs 110.38 crore in the year-ago quarter, it added.
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On standalone basis, NDTV said, it reduced its loss to Rs 7 crore in July-September quarter against a loss of Rs 20 crore in the same quarter last year.
The group's e-commerce businesses reported a loss of Rs 13 crore as against a loss of Rs 4 crore in the same period last year.
The company, however, said it has secured funding at a valuation close to USD 80 million for its gadgets and auto e-commerce vertical.
Shares of NDTV ended the day at Rs 92.40 apiece, down 2.89 per cent from the previous close on BSE.
