News Broadcasting
NDTV clocks 24.5 % growth in FY06; revenues Rs 2.24 billion
MUMBAI: Prannoy Roy’s NDTV has recorded 24.49 percent growth in fiscal 2005-06 with total revenues of Rs 2.239 billion.
NDTV’s revenues were up from the Rs 1.798 billion recorded in fiscal 2004-05, the company has stated.
Q4 FY’ 06 saw NDTV hitting its highest ever revenues at Rs 704.4 million versus Rs 497 million in the corresponding quarter of the previous year, representing a 41.73 per cent year-on-year growth.
Expectedly, the rise in personnel costs took a huge chunk out of the company’s net with profit after tax after ESOP for Q4 FY’ 06 standing at Rs 20.1 million. If ESOPs are discounted then net profit for Q4 has increased 22 per cent to Rs 125.5 million as against Rs 102.9 million in Q4 FY’ 05. There were no ESOPs granted last year.
Following the results, NDTV has declared a dividend of 20 per cent.
BUSINESS HIGHLIGHTS
During the year the company made significant investments in building new businesses and strengthening and consolidating its existing business.
NDTV’s advertising base has seen an impressive growth this year. The network has added 637 new advertisers and 810 new brands in its portfolio, taking its advertising universe to over 2000. A reflection of the group’s marketing strength is also the strategic tie-up with the Microsoft Network, under which NDTV’s subsidiary, NDTV Media Ltd represents and carries out all marketing activity for MSN exclusively in India.
The reach of the NDTV News Network’s unduplicated reach amongst C&S households has increased to 90.8 per cent, the highest amongst all news networks. NDTV has also extended its global presence across Africa, Asia, Europe and the US. This year it entered into strategic tie-ups with DirecTV, BskyB and ATN to launch NDTV 24×7 in the US, UK and Canada respectively.
NDTV’s website ndtv.com has emerged as India’s number one news and television portal, attracting over 200 million page views and 1.2 million unique visitors every month. The focus on monetizing the website by adding transaction based portals – Travel, Gadgets, Shopping, Commodities, Profit, Movies and Music, has begun to drive revenues this year.
“In this year the company has put in significant investments into building new businesses and going forward we are committed to maximizing shareholder value by capitalizing on these investments,” NDTV chairman Dr Prannoy Roy was quoted in the statement as saying.
Additionally, NDTV has entered into an agreement with Genpact a leading business and technology services company, to jointly offer outsourcing services to the global media and entertainment industry. This is the first of its kind Media Process Outsourcing company in India which will focus on providing cost effective, high quality media services.
This year also heralded NDTV’s entry into high end-consultancy for news services. The company has entered into a joint venture agreement with Astro Broadcast of Malaysia to provide consultancy for setting up news channels in Malaysia and Indonesia. The Indonesian channel will be launched shortly.
The NDTV Group, together with other strategic investors, also acquired a minority shareholding in 3 radio companies that hold licenses for FM radio broadcasting in Mumbai, Delhi and Kolkata under the brand name of RED FM. The company sees tremendous cross media synergies in extending its presence in the radio sector.
News Broadcasting
CNN-News18 to host Kolkata Town Hall on Hooghly River
‘Bhalobasa Bengal Inspiring Bharat’ event on April 20 brings cultural icons, trailblazing women and leaders aboard a cruise to celebrate Bengal’s enduring influence.
MUMBAI: Bengal is about to make fresh waves on the Hooghly and this time the current is pure conversation. CNN-News18 is taking its iconic Town Hall format to the waters of the iconic Hooghly River on 20 April 2026 with a special edition titled ‘Bhalobasa Bengal – Inspiring Bharat’. The floating event will celebrate the state’s rich cultural legacy and how its ideas, creativity and spirit continue to shape the rest of the country.
The unique riverside setting draws on Bengal’s history as a cradle of reform, art and intellectual thought. The speaker line-up mirrors that diversity: cultural heavyweights Mithun Chakraborty and Sreenanda Shankar will share the stage with trailblazing “Devis” such as Tanya Sanyal (India’s first woman firefighter in aviation), Ipsita Chakraborty (Kolkata’s first woman bartender) and Reshma Nilofer Visalakshi (Nari Shakti awardee and marine pilot). Music will flow through the celebrated pianist-vocalist duo Sourendro and Soumyojit, while public life and governance will be represented by Smriti Irani, Leander Paes, Saira Shah Halim, Keya Ghosh, Rekha Patra, Roopa Ganguly and Babul Supriyo.
CNN-News18, editorial affairs director, Rahul Shivshankar, said the event honours voices that carry Bengal’s legacy forward. Smriti Mehra, CEO – English & Business News, Network18, added that Bengal’s stories resonate far beyond its borders, especially as the state heads into polls.
From the first woman to battle flames in the skies to legendary actors who shaped Indian cinema, the gathering promises a rich mix of inspiration, courage and candid dialogue. In a city where culture has always flowed as freely as the river itself, CNN-News18 is turning the Hooghly into a floating forum for ideas that matter.
Tune in on 20 April on CNN-News18, CTV and YouTube to catch Bengal’s heartbeat in full flow.
