NDTV Q2 results: Net loss at Rs 52.77 cr as production costs weigh
By
Binu Mathew
India’s New Delhi Television (NDTV) posted its fourth-straight quarterly loss on Wednesday, as the news broadcaster’s expenses surged.
The company, 64.7% of which is owned by ports-to-energy conglomerate Adani Group, reported a loss of 527.7 million rupees ($6.28 million) for the July-September quarter, compared to a profit of 59.1 million rupees in the year-ago period.