Broadcasting & Cable TV company New Delhi Television announced Q2FY24 results: 1. Financial Performance - NDTV Group reported a profit after tax of Rs 8.1 crore for the broadcasting business and Rs 5.9 crore for the Group in Q2 FY 23-24. - Despite a slightly bullish advertisement spend environment, NDTV Group delivered a profit after tax, showcasing resilience in the face of the muted economic situation. - Revenue for the quarter increased by 37% compared to the preceding quarter (Q1) but declined by 10% compared to the same quarter last year. - Operating expenses were slightly higher compared to the previous year's Q2, mainly due to investments in the launch of regional channels. 2. Regional Channel Expansion - NDTV launched two regional channels, "NDTV Madhya Pradesh | Chhattisgarh" and "NDTV Rajasthan" during Q2. - The company intends to continue its focus on expansion and growth by launching more regional channels in the near future. - The objective of NDTV Group is to become a contemporary, digital-first media network, catering to Indian and global audiences and seeking respect, credibility, and balanced impact. Result PDF