NDTV Group has announced its financial performance for Q4, 2023-2024, marked by a 59 percent revenue growth compared to the same period last year.
NDTV Convergence, the company’s digital arm witnessed a 39 percent increase in global digital traffic in March 2024 over April 2023 on its platforms.
The consolidated Q4 loss (PAT) is at Rs 8.7 crores in calendar year from loss of Rs 1.1 crores last year. The full year loss (PAT) is at Rs 21.4 crores in calendar year from profit of Rs 52.9 crores last year.
The Q4 revenue is at Rs 106.5 crores in calendar year versus Rs 67.0 crores last year.
During the financial year, NDTV expanded its presence across consumer segments with launch of NDTV MP-CG, NDTV Rajasthan, and NDTV Profit. Additionally, NDTV Marathi is being launched on 1st May. This strategic expansion drive from a 2 Channel setup to a 6 Channel setup has meant substantial investments in next-generation infrastructure.