New Delhi, January 25 (IANS). Leading media network NDTV on Saturday reported 34 per cent growth in revenue for the third quarter of FY 2024-2025 compared to the same quarter last year and 20 per cent growth over the previous quarter.
According to the company, the strong revenue growth was driven by advertising rate increases, high-profile events and the success of digital initiatives.
During the quarter, NDTV made significant progress in expanding its content offering and global reach with the launch of NDTV World, a global news platform designed for expatriates around the world.
“Q3 was an important quarter for NDTV as we continued our efforts to grow our global presence with initiatives like the NDTV World Summit and the launch of NDTV World,” said Sanjay Puglia, Executive Director and Editor-in-Chief, NDTV.
“Although short-term profits have been impacted by strategic investments, we are confident that these efforts will drive substantial growth in the future,” Puglia said.
With continued investment in creating new IP, expanding its global distribution footprint and growing its digital and television operations, the company saw an impact on profits.
These investments are expected to generate significant returns in the future, as NDTV continues to build its global presence and diversify its revenue sources.
The platform broadcasts high-quality news, in-depth analysis and programming tailored to global audiences and brings Asian and Indian perspectives to international markets.
–IANS
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