MUMBAI: NDTV has reported net profit of Rs. 28.17 million for the quarter ended 30 September 2004, as against a loss of Rs. 197.5 million a year ago.
Led by a strong growth in advertising, consolidated income has gone up by 221 per cent to Rs. 364.16 million for the second quarter as against Rs. 113.31 million reported in second quarter of last year.
NDTV's advertising client base has grown to over 500 advertisers and 1000 brands, says an official release.
The company has reported a PBDIT of Rs. 74.13 million in the quarter ended 30 September 2004 against a loss of Rs. 142.17 million reported in the second quarter of the last year.
For the half year ended 30 September 2004, consolidated income has gone up by 307 per cent to Rs. 769.5 million as against Rs. 188.84 million for the half year of the last year. The consolidated PAT for the half-year ended 30 September 2004 is Rs. 104.43 million as against a consolidated loss of Rs. 402.96 million for the half-year of the last year, informs the company release.