News Broadcasting
NDTV reports lower operating loss for fiscal 2018
BENGALURU: The Prannoy and Radhika Roy-led New Delhi Television Ltd (NDTV) reported lower consolidated operating loss for the year ended 31 March 2018 (FY 2018, year under review) as compared to the corresponding periods of the previous fiscal. The company has brought down its expenses during the year under review across major parameters such as employee costs, production expenses and cost of services, operating and administration expenses, marketing promotion and distribution expenses as compared to the previous year.
NDTV reported 12.4 per cent decline in consolidated operating revenue for FY 2018 at Rs 429.01 crore as compared to Rs 489.99 crore in FY 2017. Consolidated total revenue declined 12.3 per cent in FY 2018 to Rs 439.71 crore from Rs 501.45 crore in the previous year. Consolidated operating loss (EBITDA) in FY 2018 at Rs 35.97 crore was lower than the consolidated operating loss of Rs 42.32 crore in fiscal 2017. Total comprehensive loss (TCL) for the fiscal under review was slightly lower at Rs 84.35 crore as compared to Rs 86.18 crore in FY 2017.
The company suffered a consolidated operating loss for the fourth quarter ended 31 March 2018 at Rs 9.45 crore as compared to a consolidated operating profit of Rs 16.63 crore (11.4 per cent of operating revenue) in the corresponding year ago quarter Q4 2018. NDTV reported consolidated TCL of Rs 20.40 crore during the quarter under review as compared to a consolidated total comprehensive income of Rs 7.14 crore in Q4 2017.Consolidated operating revenue in Q4 2018 fell 25.7 per cent yoy to Rs 108.40 crore as compared to Rs 145.92 crore in Q4 2017.
Let us look at the other consolidated numbers reported by NDTV
Total expense in FY 2018 reduced 12.5 per cent to Rs 501.06 crore from Rs 572.55 crore in the previous year. Production expenses and cost of services reduced 23.3 per cent in FY 2018 to Rs 83.64 crore from Rs 109.05 crore in FY 2017. Employee benefit expense during the year under review reduced 9.5 per cent in fiscal 2018 to Rs 212.59 crore from Rs 234.90 crore in the previous year. Operation and administration expense reduced 7.5 per cent in FY 2018 to Rs 106.61 crore from Rs 115.30 crore in FY 2017. Marketing, promotion and distribution expense during the year under review reduced 14.9 per cent to Rs 62.14 crore from Rs 72.06 crore in FY 2017.
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News Broadcasting
Rising Bharat Summit 2026 spotlights India’s global ascent
PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.
MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.
Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.
Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.
Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.
Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.
The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.
Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.
