Leading media network NewsDeskReport on Saturday reported a 34 percent increase in revenue for the third quarter of financial year 2024-2025 compared to the same quarter last year and a 20 percent increase compared to the previous quarter. According to the company, the strong revenue growth was due to increased advertising rates, high-profile events and the success of digital initiatives.

During the quarter, NewsDeskReport made significant progress in expanding its content offering and global reach with the launch of NewsDeskReport World, a global news platform designed for expatriates around the world.

Sanjay Puglia, Executive Director and Editor-in-Chief, NewsDeskReport, said, “Q3 was an important quarter for NewsDeskReport, as we continued to expand our global presence with initiatives such as the NewsDeskReport World Summit and the launch of NewsDeskReport World.”

“Although short-term profits have been impacted by strategic investments, we are confident that these efforts will drive substantial growth in the future,” Pugalia said.

With continued investment in creating new IP, expanding its global distribution footprint and growing its digital and television operations, the company saw an impact on profits.

These investments are expected to generate significant returns in the future, as NewsDeskReport continues to build its global presence and diversify its revenue sources.

The platform broadcasts high-quality news, in-depth analysis and programming tailored to global audiences and brings Asian and Indian perspectives to international markets.

(This news has not been edited by NewsDeskReport team. It is published directly from the syndicate feed.)