New Delhi Television Posts Q1 Net Loss Amid Operational Mergers and Acquisition Talks

New Delhi Television Posts Q1 Net Loss Amid Operational Mergers and Acquisition Talks​

New Delhi Television Ltd (NDTV) has announced its Unaudited Financial Results for the quarter ended June 30, 2026, after approval by the Board of Directors. The results reflect ongoing strategic corporate actions, including a significant amalgamation and an impending acquisition of 'GoodTimes' Channel.

The company’s operations continue to center on Television Media and related activities, with financial data presented in alignment with International Financial Reporting Standards (Ind AS).

Key Financial Highlights for the Quarter Ended June 30, 2026​

NDTV reported a comprehensive net loss attributable to owners during the quarter. The unaudited results show significant income and expense line items across various periods, as detailed below:

Corporate Developments and Strategic Focus​

NDTV has undergone a major structural change with the successful amalgamation of several entities. Following the scheme of amalgamation sanctioned by the Regional Director (Northern Region), Ministry of Corporate Affairs, NDTV’s authorized share capital was revised to INR 2,36,77,00,000, divided into 59,19,25,000 equity shares of INR 4 each. The amalgamation with NDTV Networks Limited, NDTV Worldwide Limited, NDTV Media Limited, and NDTV Labs Limited became effective on October 1, 2025.

In an effort to expand its portfolio, the company has entered into a binding Term Sheet dated September 19, 2025, for acquiring the 'GoodTimes' Channel and associated intellectual property rights from Lifestyle & Media Broadcasting Limited. The transaction is scheduled to close upon meeting requisite regulatory approvals and other customary conditions precedent.

Regulatory and Litigation Landscape​

The company continues to manage several high-profile legal and tax matters.

A First Information Report (FIR) was registered by the Central Bureau of Investigation (CBI) on August 19, 2019, against the company and certain former officials regarding funds invested in subsidiaries between 2004 and 2010, alleging that they were proceeds of unknown public servants. The CBI subsequently filed a closure report concerning an earlier FIR lodged by the agency which was accepted by a court, stating that no criminality or violation was found against any accused persons.

In tax matters, various demands relating to Assessment Year (AY) 2008-09 have been addressed through appeals. A rectification order in March 2026 resulted in a revised tax demand of INR 42,036 lakh. The company has received a complete stay of this demand, granted on April 28, 2026.

Review and Governance​

The un-audited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors during its meeting held on July 21, 2026. The review was conducted by S N Dhawan & Co LLP, and the consolidated results include the performance metrics from the subsidiary NDTV Convergence Limited and joint ventures such as OnArt Quest Limited and Lifestyle & Media Broadcasting Limited.

NDTV Stock Price Movement​

Shares of New Delhi Television Limited slipped by 0.30% to settle at ₹79.81 today, following a day of selling pressure. The stock traded within an intraday range, hitting a low of ₹79.59 and peaking at ₹81.64 during the session.