NDTV Q2 loss at Rs 240.8 million

MUMBAI: NDTV has posted a consolidated net loss of Rs 240.8 million for the second quarter ended 30 September 2007. On a standalone basis, the company’s net loss stands at Rs 39.5 million.

During the period the company has registered a total income of Rs 774.9 million on a consolidated basis, up 42 per cent as compared to Rs 545.2 million in the corresponding quarter last fiscal.

NDTV’s standalone revenue in the second quarter of 2007, has raised to Rs 679.1 million, a hike of 46 per cent year-on-year as compared to Rs 465.6 million in the corresponding quarter last year.

In the second quarter of this fiscal, NDTV launched four channels in India and abroad which includes NDTV Good Times, NDTV MetroNation (Delhi), NDTV Arabia and Astro Awani Malaysia in Malaysia.