ITV

Tag: NDTV

  • NDTV wins 2007-2008 tax appeals case

    NDTV wins 2007-2008 tax appeals case

    MUMBAI: Delhi-based news broadcaster the Prannoy Roy-headed NDTV has been caught up in a legal tangle with the income tax (IT) department for sometime. Last week, the income tax appellate tribunal (ITAT) ruled in its favour on tax matters related to assessment years 2007-2008 and 2008-2009.

    The ITAT said that NDTV need not pay tax on additional amount of Rs 22.09 crore which the department wanted to add to its taxable income. The ITAT rejected this claim entire amount, with the exception of Rs 12 lakh.

    The ITAT also allowed directed the IT department to allow it higher ESOP expenses of Rs 43.55 crore, against the earlier claim of Rs 21 crore. This has reduced the tax liability for NDTV for that period even further.

    NDTV won the ITAT’s nod on another ground too: it agreed that the company had correctly disclosed its international transactions with its associated enterprises including the provision for shareholder services on which no markup is required to be charged under transfer pricing regulation and negated the claim of the IT department of charging a notional markup on such services. Consequently, NDTV has got a tax relief to the tune of Rs 82.35 lakh in this regard.

    NDTV has other cases from IT department pending for other assessment years.

    The company notched up a loss of Rs 38 crore in its latest financial filings for Q1 2017 on a topline of Rs 115 crore.

    Its share was trading at Rs 78 odd at the close of trading last week.

  • NDTV and Renault Duster presents India Adventures

    NDTV and Renault Duster presents India Adventures

    MUMBAI: 24 contestants, 4 unknown locations, 1 capable SUV! NDTV and Renault Duster present India Adventures – a show that will combine reality with travel and a whole lot of thrilling adventures.

    Watch as four teams of contestants land in an Indian city unknown to them to compete with each other in a gripping contest with a drive to the finish. Each team will have a new Renault Duster AMT to help them navigate the tasks and cross the finish line first. It will be a war of wits as the chemistry and commitment between the participants (as pairs of a parent-child, siblings, spouses) are laid bare.

    See them battle it out and race against time and their competitors to win challenging tasks that lead them to the grand finale in the difficult yet majestic terrain of Ladakh.

    So if you are a history geek, an adrenaline junkie or a master off-roader, we want you for a wild ride that takes you somewhere you have never been.

    Stay tuned to watch Harleen Sethi host this all new exciting show on NDTV Prime at 9:00pm on Saturday, 13 August; 8:30pm on Wednesday, 17thAugust and 6:00pm on Thursday, 18th August.

  • NDTV and Renault Duster presents India Adventures

    NDTV and Renault Duster presents India Adventures

    MUMBAI: 24 contestants, 4 unknown locations, 1 capable SUV! NDTV and Renault Duster present India Adventures – a show that will combine reality with travel and a whole lot of thrilling adventures.

    Watch as four teams of contestants land in an Indian city unknown to them to compete with each other in a gripping contest with a drive to the finish. Each team will have a new Renault Duster AMT to help them navigate the tasks and cross the finish line first. It will be a war of wits as the chemistry and commitment between the participants (as pairs of a parent-child, siblings, spouses) are laid bare.

    See them battle it out and race against time and their competitors to win challenging tasks that lead them to the grand finale in the difficult yet majestic terrain of Ladakh.

    So if you are a history geek, an adrenaline junkie or a master off-roader, we want you for a wild ride that takes you somewhere you have never been.

    Stay tuned to watch Harleen Sethi host this all new exciting show on NDTV Prime at 9:00pm on Saturday, 13 August; 8:30pm on Wednesday, 17thAugust and 6:00pm on Thursday, 18th August.

  • Indian news media hurtling towards regulatory cliff: Prannoy Roy

    Indian news media hurtling towards regulatory cliff: Prannoy Roy

    NEW DELHI: When one of the poster boys of TV news in India holds forth on the subject of news, it is worth a read even if one did not agree with the person on every point. And when that person is Prannoy Roy, the reading becomes that much more compelling.

    “Almost by definition, the path to making profits for a news organization is littered with compromises that change the nature of journalism, often so that it can no longer be recognized as a news channel.

    “In the quest for profits in the overcrowded market of news channels in India, several choices are possible and different channels have chosen different routes, but the greater the success with any one of these routes, the more the nature of news journalism changes,” says Roy in his chapter in a book about NDTV and 25 years of television journalism, aptly named More News is Good News. The chapter has been put up on NDTV’s website.

    Pointing out that an easy option for TV news channels is to become tabloid-ish to gain eyeballs, Roy observes, “Virtually every single Hindi news channel in India today is grotesquely tabloid.”

    “I recall what I think is the lowest point so far when one Hindi channel anchor twirled her hair with her forefinger, looked into the camera and said, ‘Break ke baad aapko ek rape dikhayenge’ (After the break we will show you a rape),” Royrecounts one of the many faux pas of TV news in India.

    Though Roy feels that Indian media, especially TV news segment, has been much tabloid-ish — an observation that will certainly raise heckles in various quarters — he admits that it would be incorrect to put the full blame on Hindi news channels for this “grotesque” tabloidization.

    Not that NDTV — and Roy — hasn’t faltered, but it has also attempted to stand up and protest against discriminations. For example, alleging discriminations, NDTV filed a case in the US against a global advertising behemoth that had an interest in a company doing audience measurement in India.

    “Virtually every city in India has a ‘ratings consultant’ who, for a relatively small fee, will ensure higher ratings for any channel…In fact, Nielsen sent out their global head of security to India and, after a four-month elaborate investigation, he said, ‘I have never seen as much corruption of the Nielsen system anywhere else in the world’,” Roy holds forth on an open secret on audience measurement in India’s media world till a few years back and before BARC came into existence.

    What do such trends mean for journalism? Roy’s answer: “I don’t need to state the obvious that going tabloid in the quest for profits changes the nature of the beast, destroying journalism…the only Hindi news channel in India that is not tabloid is NDTV India and I must also report that the channel is making a loss!”

    Having held forth on tabloid journalism, TRP-fixing, `paid news’, blackmail and extortion, Roy is cautiously optimistic about the ‘soft power’ of media and its role in Indian democracy.

    “As India’s media has grown over the years, despite all the baggage, so far more news has been good news. So far we have seen the upside of unfettered journalism. But any strength taken too far becomes a weakness and our media appears to be hurtling towards its own regulatory cliff. It is at these critical moments that governments try to take control,” Royconcludes.

  • Indian news media hurtling towards regulatory cliff: Prannoy Roy

    Indian news media hurtling towards regulatory cliff: Prannoy Roy

    NEW DELHI: When one of the poster boys of TV news in India holds forth on the subject of news, it is worth a read even if one did not agree with the person on every point. And when that person is Prannoy Roy, the reading becomes that much more compelling.

    “Almost by definition, the path to making profits for a news organization is littered with compromises that change the nature of journalism, often so that it can no longer be recognized as a news channel.

    “In the quest for profits in the overcrowded market of news channels in India, several choices are possible and different channels have chosen different routes, but the greater the success with any one of these routes, the more the nature of news journalism changes,” says Roy in his chapter in a book about NDTV and 25 years of television journalism, aptly named More News is Good News. The chapter has been put up on NDTV’s website.

    Pointing out that an easy option for TV news channels is to become tabloid-ish to gain eyeballs, Roy observes, “Virtually every single Hindi news channel in India today is grotesquely tabloid.”

    “I recall what I think is the lowest point so far when one Hindi channel anchor twirled her hair with her forefinger, looked into the camera and said, ‘Break ke baad aapko ek rape dikhayenge’ (After the break we will show you a rape),” Royrecounts one of the many faux pas of TV news in India.

    Though Roy feels that Indian media, especially TV news segment, has been much tabloid-ish — an observation that will certainly raise heckles in various quarters — he admits that it would be incorrect to put the full blame on Hindi news channels for this “grotesque” tabloidization.

    Not that NDTV — and Roy — hasn’t faltered, but it has also attempted to stand up and protest against discriminations. For example, alleging discriminations, NDTV filed a case in the US against a global advertising behemoth that had an interest in a company doing audience measurement in India.

    “Virtually every city in India has a ‘ratings consultant’ who, for a relatively small fee, will ensure higher ratings for any channel…In fact, Nielsen sent out their global head of security to India and, after a four-month elaborate investigation, he said, ‘I have never seen as much corruption of the Nielsen system anywhere else in the world’,” Roy holds forth on an open secret on audience measurement in India’s media world till a few years back and before BARC came into existence.

    What do such trends mean for journalism? Roy’s answer: “I don’t need to state the obvious that going tabloid in the quest for profits changes the nature of the beast, destroying journalism…the only Hindi news channel in India that is not tabloid is NDTV India and I must also report that the channel is making a loss!”

    Having held forth on tabloid journalism, TRP-fixing, `paid news’, blackmail and extortion, Roy is cautiously optimistic about the ‘soft power’ of media and its role in Indian democracy.

    “As India’s media has grown over the years, despite all the baggage, so far more news has been good news. So far we have seen the upside of unfettered journalism. But any strength taken too far becomes a weakness and our media appears to be hurtling towards its own regulatory cliff. It is at these critical moments that governments try to take control,” Royconcludes.

  • NDTV presents its first ever Unicorn start-up awards 2016

    NDTV presents its first ever Unicorn start-up awards 2016

    MUMBAI: The world of start-ups is bursting at the seams and India is becoming the start-up capital of the world. NDTV’s series Unicorn — Chasing the start-up dream has been leading the charge in discovering the next big idea from India’s belly which can be the next billion-dollar valued start-up.

    Carrying forward this anticipation NDTV presents the first ever Unicorn Start-up Awards in association with Vestige and Indigo Nation to honour those who have astonished the market with simple ideas and some great execution. The awards will witness some of the biggest mentors and venture capitalists from the start up space in attendance, including Deep Kalra, Founder and CEO, MakeMyTrip, and Sandeep Aggarwal, Founder, Shopclues & Droom.

    The awards will recognise the most credible dream-chasers who are going to change the way India does business with a stellar jury panel including R Chandrashekhar, President, NASSCOM, Suchi Mukherjee, Founder and CEO, Limeroad, and Raman Roy, a seasoned investor, to name a few.

    Start-ups like Grofers, Oyo Rooms, Ola, FlipKart and Shopclues will compete for coveted titles. NDTV has tied up with NASSCOM 10,000 Startups, as knowledge partner for the awards, and with Tracxn, a start-up intelligence and market research platform, as research partner.

    The exciting evening will be hosted by the glamorous Mandira Bedi, tech guru Rajiv Makhni and Vikram Chandra, Group CEO, NDTV.

    Vikram Chandra, Group CEO, NDTV is all geared up for the first innings of these awards. “We have entered a new business era of start-ups, and it could transform India. NDTV too has expanded its wings in the e-commerce arena and we are growing rapidly. The Unicorn Start-Up Awards is our attempt to honour the unique ideas which have made a mark. From here on, we expect the awards to get bigger and better, and to be the benchmark for entrepreneur recognition.”

    Rajiv Makhni, MD Technology, who is the brainchild behind these awards said, “From nascent ideas cooked up in a warehouse to booming ventures that are eating up market share and attracting consumers at breakneck speed, NDTV Unicorn Start-Up Awards will lift the iron curtain off them all. This is the highest form of recognition for those that have blazed a trail of their own. This is the start-ups’ moment to shine and occupy centre-stage on a prestigious platform like NDTV.”

    The awards will be presented and the webcast will be live on ground on July 29th at the Taj Palace, New Delhi, 7 pm onwards.

    • Bootstrapped start-up of the year – this category will award start-ups that are bootstrapped all the way and have made notable progress without external funding or support and own nothing outside of their start-up.
    • New Kid on the Block– this category will award the start-up that has an exceptional idea and is now attempting to scale up into a business. It should be an original idea with the potential to disrupt the market.
    • Dream-chaser of the year– this category will award the start-up that has a concrete plan and is now scaling up through funding.
    • Woman Entrepreneur of the year– this category will recognise a start-up helmed by a woman entrepreneur which has disrupted the market.
    • Health start-up of the year– this category includes health start-ups across wellness and fitness and more that have made an impact.
    • Unicorn of the Year– this category will be awarded to the billion-dollar start-up, or Unicorns that has shown highest year-on-year growth in the financial year gone by.
    • Start-up of the future– this category will award the start-up that has the ability to be the next big thing and has a fantastic idea at its core and is looking at establishing itself in a developing market.
    •  Global Start-up of the Year– this category will award an international start-up that has revolutionised its segment and has shown remarkable growth in the last financial year.
    •  Start-up mentor of the year–  this category will recognise an investor, a big shark, an incubator, which has funded start-ups. This individual or venture capital firm will be awarded for great investment acumen and success rate.
    •  Good Samaritan of the year– this category will award start-ups that are making a social impact through their idea.
    •  People’s Start-up of the Year: this will be the only category thrown open to public voting through a microsite and will not be part of the jury’s decision-making process. This convenience start-up will be awarded for pleasing consumers through great service, marketing, and brand retention.
    •  Start-up Person of the Year– this category will award and recognise Indian personalities who have played an important role in shaping India’s start-up sector. He or she could be a government representative, a leading investor, a Unicorn founder.
    •  Brand Ambassador of the Year– this category will award the person who has upheld his/her responsibilities as a start- up brand ambassador and is a true start up evangelist!

     

  • NDTV presents its first ever Unicorn start-up awards 2016

    NDTV presents its first ever Unicorn start-up awards 2016

    MUMBAI: The world of start-ups is bursting at the seams and India is becoming the start-up capital of the world. NDTV’s series Unicorn — Chasing the start-up dream has been leading the charge in discovering the next big idea from India’s belly which can be the next billion-dollar valued start-up.

    Carrying forward this anticipation NDTV presents the first ever Unicorn Start-up Awards in association with Vestige and Indigo Nation to honour those who have astonished the market with simple ideas and some great execution. The awards will witness some of the biggest mentors and venture capitalists from the start up space in attendance, including Deep Kalra, Founder and CEO, MakeMyTrip, and Sandeep Aggarwal, Founder, Shopclues & Droom.

    The awards will recognise the most credible dream-chasers who are going to change the way India does business with a stellar jury panel including R Chandrashekhar, President, NASSCOM, Suchi Mukherjee, Founder and CEO, Limeroad, and Raman Roy, a seasoned investor, to name a few.

    Start-ups like Grofers, Oyo Rooms, Ola, FlipKart and Shopclues will compete for coveted titles. NDTV has tied up with NASSCOM 10,000 Startups, as knowledge partner for the awards, and with Tracxn, a start-up intelligence and market research platform, as research partner.

    The exciting evening will be hosted by the glamorous Mandira Bedi, tech guru Rajiv Makhni and Vikram Chandra, Group CEO, NDTV.

    Vikram Chandra, Group CEO, NDTV is all geared up for the first innings of these awards. “We have entered a new business era of start-ups, and it could transform India. NDTV too has expanded its wings in the e-commerce arena and we are growing rapidly. The Unicorn Start-Up Awards is our attempt to honour the unique ideas which have made a mark. From here on, we expect the awards to get bigger and better, and to be the benchmark for entrepreneur recognition.”

    Rajiv Makhni, MD Technology, who is the brainchild behind these awards said, “From nascent ideas cooked up in a warehouse to booming ventures that are eating up market share and attracting consumers at breakneck speed, NDTV Unicorn Start-Up Awards will lift the iron curtain off them all. This is the highest form of recognition for those that have blazed a trail of their own. This is the start-ups’ moment to shine and occupy centre-stage on a prestigious platform like NDTV.”

    The awards will be presented and the webcast will be live on ground on July 29th at the Taj Palace, New Delhi, 7 pm onwards.

    • Bootstrapped start-up of the year – this category will award start-ups that are bootstrapped all the way and have made notable progress without external funding or support and own nothing outside of their start-up.
    • New Kid on the Block– this category will award the start-up that has an exceptional idea and is now attempting to scale up into a business. It should be an original idea with the potential to disrupt the market.
    • Dream-chaser of the year– this category will award the start-up that has a concrete plan and is now scaling up through funding.
    • Woman Entrepreneur of the year– this category will recognise a start-up helmed by a woman entrepreneur which has disrupted the market.
    • Health start-up of the year– this category includes health start-ups across wellness and fitness and more that have made an impact.
    • Unicorn of the Year– this category will be awarded to the billion-dollar start-up, or Unicorns that has shown highest year-on-year growth in the financial year gone by.
    • Start-up of the future– this category will award the start-up that has the ability to be the next big thing and has a fantastic idea at its core and is looking at establishing itself in a developing market.
    •  Global Start-up of the Year– this category will award an international start-up that has revolutionised its segment and has shown remarkable growth in the last financial year.
    •  Start-up mentor of the year–  this category will recognise an investor, a big shark, an incubator, which has funded start-ups. This individual or venture capital firm will be awarded for great investment acumen and success rate.
    •  Good Samaritan of the year– this category will award start-ups that are making a social impact through their idea.
    •  People’s Start-up of the Year: this will be the only category thrown open to public voting through a microsite and will not be part of the jury’s decision-making process. This convenience start-up will be awarded for pleasing consumers through great service, marketing, and brand retention.
    •  Start-up Person of the Year– this category will award and recognise Indian personalities who have played an important role in shaping India’s start-up sector. He or she could be a government representative, a leading investor, a Unicorn founder.
    •  Brand Ambassador of the Year– this category will award the person who has upheld his/her responsibilities as a start- up brand ambassador and is a true start up evangelist!

     

  • NDTV awarded as India’s most trusted brand; Dr Prannoy Roy falicitated with Lal Bahadur Shastri National Award

    NDTV awarded as India’s most trusted brand; Dr Prannoy Roy falicitated with Lal Bahadur Shastri National Award

    MUMBAI: 2015-2016 has truly been a golden year for NDTV in more ways than one with NDTV being awarded India’s most trusted brand across all television in India for the 3rd year in a row, based on Trust Research Advisory’s Brand Trust Report, India Study.  NDTV co-founder and executive co-chairperson Dr Prannoy Roy received the prestigious Lal Bahadur Shastri National Award for excellence in public administration, academics and management 2015.

    Not only has NDTV taken on some major projects and delivered cutting edge work , it has also been a year when they earned several accolades and honours. Spearheading this successful journey has been the NDTV Non Tabloid Campaign.

    The NDTV non tabloid campaign was started keeping in mind the basic ethics and principles the organization was founded upon. NDTV kick started this campaign with two promotional videos and then began its incredible journey. The campaign resonated with the audience as it reflected upon aspects responsible in everything that is going wrong with media nowadays. It focused on how the biggest threat to Indian television is tabloid news and that it needs to be stopped.

    The promo went on to win several awards including two world golds at the New York festival International TV and film awards where it beat entries from 52 countries. At the Goa Fest, one of the most coveted advertising awards in the country, it was the only campaign to win the Broadcasters Abby Award.

    NDTV’s The Buck Stops Here – Srinagar Floods Coverage was also announced as one of the 8 International Emmy nominees for the 2015 News & Current Affairs categories for its week-long ground reportage and broadcasts on the floods in Jammu and Kashmir. This is the first time that India has been nominated in the News category.

    Another feat that NDTV has won significant accolades for is their remarkable documentary on human survival – Operation Everest. This documentary has won the Award of Excellence in Environment Category at Canada International Film Festival 2016; the Best Documentary (Jury) Award at 6th Dada Saheb Phalke Film Festival 2016 and also won the Mumbai Press Club’s RedInk Excellence in Sports Journalism Award 2016

    NDTV’s Editors, Anchors, correspondents and programmes have received many prestigious awards through the year including the Journalist of the Year: Ravish Kumar (NDTV India) Red Ink Awards ; National Award for Outstanding Efforts in Communication in the Electronic Medium – Pallava Bagla, NDTV (Ministry of Science and Technology, GOI) with Best News Website for NDTV.com. (IAMAI Awards 2015); Best Film Critic- Prashant Shishodia – NDTV India (Dada Saheb Phalke Film Foundation Award).

  • NDTV awarded as India’s most trusted brand; Dr Prannoy Roy falicitated with Lal Bahadur Shastri National Award

    NDTV awarded as India’s most trusted brand; Dr Prannoy Roy falicitated with Lal Bahadur Shastri National Award

    MUMBAI: 2015-2016 has truly been a golden year for NDTV in more ways than one with NDTV being awarded India’s most trusted brand across all television in India for the 3rd year in a row, based on Trust Research Advisory’s Brand Trust Report, India Study.  NDTV co-founder and executive co-chairperson Dr Prannoy Roy received the prestigious Lal Bahadur Shastri National Award for excellence in public administration, academics and management 2015.

    Not only has NDTV taken on some major projects and delivered cutting edge work , it has also been a year when they earned several accolades and honours. Spearheading this successful journey has been the NDTV Non Tabloid Campaign.

    The NDTV non tabloid campaign was started keeping in mind the basic ethics and principles the organization was founded upon. NDTV kick started this campaign with two promotional videos and then began its incredible journey. The campaign resonated with the audience as it reflected upon aspects responsible in everything that is going wrong with media nowadays. It focused on how the biggest threat to Indian television is tabloid news and that it needs to be stopped.

    The promo went on to win several awards including two world golds at the New York festival International TV and film awards where it beat entries from 52 countries. At the Goa Fest, one of the most coveted advertising awards in the country, it was the only campaign to win the Broadcasters Abby Award.

    NDTV’s The Buck Stops Here – Srinagar Floods Coverage was also announced as one of the 8 International Emmy nominees for the 2015 News & Current Affairs categories for its week-long ground reportage and broadcasts on the floods in Jammu and Kashmir. This is the first time that India has been nominated in the News category.

    Another feat that NDTV has won significant accolades for is their remarkable documentary on human survival – Operation Everest. This documentary has won the Award of Excellence in Environment Category at Canada International Film Festival 2016; the Best Documentary (Jury) Award at 6th Dada Saheb Phalke Film Festival 2016 and also won the Mumbai Press Club’s RedInk Excellence in Sports Journalism Award 2016

    NDTV’s Editors, Anchors, correspondents and programmes have received many prestigious awards through the year including the Journalist of the Year: Ravish Kumar (NDTV India) Red Ink Awards ; National Award for Outstanding Efforts in Communication in the Electronic Medium – Pallava Bagla, NDTV (Ministry of Science and Technology, GOI) with Best News Website for NDTV.com. (IAMAI Awards 2015); Best Film Critic- Prashant Shishodia – NDTV India (Dada Saheb Phalke Film Foundation Award).

  • FY-16: NDTV revenue flat

    FY-16: NDTV revenue flat

    BENGALURU: New Delhi Television Limited (NDTV) reported flat (down 1 per cent) consolidated Total Income from Operations (TIO, revenue) for the year ended 31 March 2016 (FY-16, current year) as compared to the previous year. The company reported TIO of Rs 565.76 crore in the current year as compared to Rs 571.28 crore in FY-15.

     

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:

    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.

    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

     

    NDTV’s reported 3.8 percent year-on year (y-o-y) growth in TIO for the quarter ended 31 March 2016 (Q4-16, current quarter) at Rs 169.74 crore as compared to Rs 163.45 crore and 14.4 percent quarter-on-quarter (q-o-q) growth as compared to Rs 148.41 crore for Q3-2016.

     

    The company reported a higher loss for FY-16 at Rs 54.82 crore as compared to a loss of Rs 44.03 crore in FY-15. Loss in Q4-16 was however lower at Rs 0.77 crore as compared to a loss of Rs 17.21 crore in Q4-15 and a loss of Rs 12.54 crore in the immediate trailing quarter.

     

    NDTV reported an operating loss (EBIDTA) in FY-16 at Rs 22.45 crore as compared to an operating profit of Rs 32.93 crore (5.8 percent margin) in the previous year. EBIDTA in Q4-16 was Rs 8.25 crore (4.9 percent margin), 61.6 percent lower than the EBIDTA of Rs 21.50 crore (13.2 percent margin). The company reported an operating loss in Q3-16 at Rs 4.45 crore.

     

    Segment numbers

     

    NDTV’s Television Media and related operations (Television) segment reported almost flat (0.8 percent higher) revenue of Rs 559.13 crore as compared to Rs 554.63 crore in FY-15. The segment reported 7.7 percent y-o-y growth in revenue for Q1-16 at Rs 169.27 crore as compared to Rs 157.09 crore and a 14.4 percent q-o-q growth as compared to Rs 147.96 crore in Q3-16.

     

    Television segment reported an operating loss of 11.26 crore in FY-16 as compared to an operating profit of Rs 31.92 crore in FY-15. The segment reported an operating profit of 13.14 crore in Q4-16, 49 percent lower than Rs 25.78 crore in Q4-15. Television segments had reported an operating loss of Rs 3.44 crore in Q3-16.

     

    NDTV’s Retail/eCommerce (eCommerce) segment reported 17.5 percent decline in revenue at Rs 16.14 crore in FY-16 as compared to Rs 19.57 crore in the previous fiscal. eCommerce segment’s revenue in Q4-16 declined 62.2 percent y-o-y to Rs 2.57 crore  as compared to Rs 6.80 crore and declined 33.2 percent q-o-q from Rs 3.85 crore. The segment’s reported a higher operating loss in FY-16 at Rs 36.10 crore as compared to an operating loss of Rs 23.67 crore in FY-15. The segment’s operating loss in Q4-16 at Rs 10.30 crore was higher than the operating loss of Rs 9.99 crore in Q1-15 and higher than the operating loss of Rs 6.50 crore in Q4-15.

     

    Let us look at the other numbers reported by NDTV

     

    Total Expenditure (TE) in FY-16 increased 8.1 percent to Rs 624.47 crore (110.4 percent of TIO) as compared to Rs 577.89 crore (101.2 percent of TIO) in FY-15. TE in the current quarter increased 12.2 percent y-o-y to Rs 169.87 crore (100.1 percent of IO) as compared to Rs 151.34 crore (92.6 percent of TIO) and grew 6.2 percent q-o-q from Rs 159.89 crore (107.7 percent of TIO) in Q3-2016.

     

    NDTV’s consolidated Production Expense (PE) increased 1.2 percent in FY-16 to Rs 121.72 crore (21.5 percent of TIO) as compared to Rs 120.25 crore (21 percent of TIO) in FY-15. PE increased 22.3 percent y-o-y to Rs 41.09 crore (24.2 percent of TIO) from Rs 33.32 crore (20.4 percent of TIO) and grew 33.1 percent q-o-q from Rs 30.42 crore (20.5 percent of TIO).

     

    The company’s Marketing, distribution and promotional expense (Marketing expense) in the current year increased 20.7 percent to Rs 128.63 (22.7 percent of TIO) as compared to Rs 106.57 crore (18.7 percent of TIO) in FY-15. Marketing expense in the current quarter increased 30.4 percent y-o-y to Rs Rs 32.52 crore (19.2 percent of TIO) as compared to Rs 24.93 crore (15.3 percent of TIO) but was 10.9 percent lower q-o-q from Rs 36.50 crore (24.6 percent of TIO).

     

    NDTV’s Employee Benefit Expense (EBE) in FY-16 increased 9.7 percent to Rs 201.36 crore (35.6 percent of TIO) from Rs 183.55 crore (32.1 percent of TIO) in FY-15. EBE in Q4-16 increased 17.2 percent y-o-y to Rs 52.25 crore ( 30.8 percent of TIO)  from Rs 44.57 crore ( 27.3 percent of TIO) and increased 3.2 percent q-o-q from Rs 50.72 crore (34.2 percent of TIO).

     

    Operating and administration expenses (Admin expenses) in FY-16 increased 8.8 percent to Rs 132.76 crore (23.5 percent of TIO) from Rs 121.98 crore (21.4 percent of TIO) in FY-15. Admin expense in Q4-16 increased 13.9 percent y-o-y to Rs 36.72 crore (21.6 percent of TIO) from Rs 32.25 crore (19.7 percent of TIO) and grew 6.1 percent q-o-q from Rs 34.60 crore (23.3 percent of TIO).

    Finance Costs in the current year declined 3.4 percent to Rs 20.76 crore (3.7 percent of TIO) from Rs 21.48 crore (3.8 percent of TIO). Finance cost in the current quarter declined 12.2 percent y-o-y to Rs 4.66 crore (2.7 percent of TIO) from Rs  5.31 crore (3.2 percent of TIO) and declined 11.9 percent q-o-q from Rs 5.49 crore (3.6 percent of TIO).

     

    Company speak

     

    The NDTV board has decided to consider re-structuring / de-merger and separate listing of NDTV Convergence (ndtv.com) to unlock shareholder value. Ndtv.com is one of India’s most successful Internet businesses with a global reach and more than 65 million (6.5 crore) unique visitors a month. NDTV Convergence has been consistently profitable.

     

    NDVT’s eCommerce business

     

    Gadgets360.com – achieved a Gross Merchandize Value (GMV) of Rs 27 crores while maintaining a positive contribution margin per unit as well as total gross margin. The portal is now bigger than next 5 Indian tech sites combined.

     

    CarAndBike.com – was the exclusive launch partner for 4 cars in the span of the last 6 months of 2015-16. The fledgling startup has already on-boarded 8 OEM’s for direct sale of cars and bikes covering 40 percent of the new car market pan India. The site includes innovative features such as the consumer-to-consumer auction engine for used cars as well as regional language content and a complete host of allied services pertaining to loans and insurance.

     

    BandBaajaa.com – launched on 6th October 2015, which aims to be a one-stop shop for wedding planning, ideas, inspiration, shopping and execution has already partnered with 2,100 vendors across 15 cities in 14 categories like venues, photographers, makeup-artists, etc.

     

    Mojarto.com – launched as an online platform aggregating artists, galleries, artisans and designers from across the sub-continent into a marketplace.