New Delhi Television Q2 Results Live : New Delhi Television (NDTV) declared its Q2 results on October 23, 2024, reporting a significant loss of ₹46.75 crore. The company's topline revenue saw a decrease of 1.71% year-on-year, compared to a profit of ₹5.91 crore in the same period last fiscal year.
In comparison to the previous quarter, NDTV's revenue remained stagnant, showing no decline. However, the Selling, General & Administrative expenses remained unchanged quarter-on-quarter, but increased by 31.52% year-on-year, indicating rising operational costs.
The operating income also reflected a concerning trend, decreasing by a staggering 2044.31% year-on-year, while remaining unchanged from the previous quarter. This decline has raised alarms among investors and analysts alike.
The Earnings Per Share (EPS) for Q2 was reported at ₹-7.25, marking a dramatic decrease of 888.04% year-on-year. This negative EPS highlights the company's struggle in maintaining profitability amidst challenging market conditions.
Over the past week, NDTV has delivered a return of -5.08%, and the stock has seen a significant drop of -29.54% over the past six months. Year-to-date, the stock is down by 36.99%, raising concerns about its future performance.
Currently, New Delhi Television boasts a market capitalization of ₹1065.9 crore, with a 52-week high of ₹307.85 and a low of ₹162, reflecting the volatility and challenges the company is facing in the competitive media landscape.
New Delhi Television Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 93.92 | 93.92 | -0% | 95.55 | -1.71% |
| Selling/ General/ Admin Expenses Total | 85.03 | 85.03 | -0% | 64.65 | +31.52% |
| Depreciation/ Amortization | 2.32 | 2.32 | -0% | 2.26 | +2.65% |
| Total Operating Expense | 141.75 | 141.75 | -0% | 93.09 | +52.27% |
| Operating Income | -47.83 | -47.83 | -0% | 2.46 | -2044.31% |
| Net Income Before Taxes | -47.02 | -47.02 | -0% | 5.62 | -936.65% |
| Net Income | -46.75 | -46.75 | -0% | 5.91 | -891.03% |
| Diluted Normalized EPS | -7.25 | -7.25 | -0% | 0.92 | -888.04% |
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