NDTV Reports Rs. 834.1M Consolidated Loss; Reveues Up, Costs Down
Posted by admin on Jul 22, 2009 in Digital Media News |
The effect of cost-cutting and layoffs announced at the and of FY09 by media company NDTV is evident in this quarters financial results: personnel expenditure was down 9.89 percent from Q1 2008-09, and 51.38 percent quarter on quarter on a standalone basis. On a consolidated basis, personnel exenditure was down 6.65 percent year-on-year. The company reported a 8.97 percent [...]