MUMBAI: New Delhi Television Ltd first-quarter result ended 30 June witnessed a dip in the net profits. The company's profit fell 99 per cent; this fall has been attributed to increase in operating costs and salaries.     

According to media reports, the company however registered revenues, which increased marginally from Rs 405.3 million during the first quarter of last year to Rs 415.5 million during the same period this fiscal.

The NDTV scrip fell 12 per cent to Rs 237.55 on Tuesday.

The company observed an increase in expenditure from Rs 279.6 million to Rs 372.8 million. According to trade market analyst, NDTV expects to be back on track.