New Delhi: NDTV Convergence (ndtv.com) continues to be profitable hitting record EBITDA for this quarter and half year ended on 30th September 2017 as the NDTV Convergence revenues have gone up by 35% in the half year ended September 30, 2017 on a YoY basis.
Operating Profit for the quarter ended September 30, 2017 is up by 50% on a YoY basis. NDTV Convergence is now tracking nearly 150 million unique visitors per month up by 62% on a YoY basis. Mobile phone traffic has doubled since last year.
Video views across platforms have crossed 100 million views per month.
Gadgets360.com is now the 11th biggest tech site in the world, placing it in the same class as Techcrunch, Engadget, The Verge and Wired. Its audience in India is more than double that of its nearest competitor.
Its website on cars and bikes now has over 10 million unique visitors, making it the country’s fastest-growing site in this genre.
NDTV Group excluding e-commerce is operationally almost break-even (EBITDA of Rs. -1crore). NDTV Group rationalizes costs bringing them down from Rs. 119 crore to Rs. 105 crore in Q2 (YoY)