Q1FY23 Quarterly Result Announced for Nxtdigital Ltd.
Broadcasting & Cable TV firm Nxtdigital announced Q1FY23 Result : NXTDIGITAL maintains its performance in the first quarter of the current fiscal; consolidated revenue up by 5% year-on-year to Rs 279.1 crores whilst EBIDTA is at Rs 54.1 crores, a growth of 6% year-on-year. Wired subscriber base including video and broadband grows by 10% year-on-year; closes the quarter at 5.3 million homes connected, against 4.8 million last year. Significant progress made by the media group on broadband-over-satellite; post a binding MOU with Thaicom Public Company Ltd., one of the leading satellite operators in the world. On a Consolidated basis, the Company achieved a revenue of Rs 279.1 crores for the quarter ended 30th June 2022, as against Rs 266.6 crores for the corresponding quarter of the previous year and Rs 275.2 crores (excluding proceeds from sale of land) in the previous quarter. On a consolidated basis, the Company achieved an Earnings Before Interest, Depreciation & Taxes (EBIDTA) of Rs 54.1 crores for the quarter ended 30th June 2022, as against Rs 51.2 crores for the corresponding quarter for the previous year and Rs 56.5 crores (excluding profit on sale of land) for the previous quarter. Result PDF10-08-2022