NDTV posted highest-ever profit in a decade, say Roys in FY22 annual report

Digital arm NDTV Convergence one of few profitable online companies, they say

Media company New Delhi Television (NDTV) recorded its highest-ever consolidated profit at the group level in over a decade for financial year 2021-22 (FY22), said co-chairpersons Radhika Roy and Prannoy Roy in the firm's latest annual report.

Addressing shareholders, the Roys, founder-promoters of NDTV, said the company had emerged financially strong in FY22, continuing the turnaround of recent years.

"Both the television and digital branches of the NDTV group reported their highest-ever profit. NDTV Ltd (television arm) recorded a profit of Rs 59.18 crore. While NDTV Convergence (digital unit) had a profit of 30.21 crore, earning its highest revenue in