EBITDA will turn positive in the next two-and-a-half years, says Balaji Telefilms

Balaji Telefilms reported an EBITDA loss of nearly Rs 20 crore and a bottomline loss of over Rs 15 crore. Nachiket Pantvaidya, Group COO, spoke to CNBC-TV18 about the results and the company's business plans.

Pantvaidya said that EBITDA will turn positive in the next two-two-and-a-half years.

Talking about the earnings, he said, “Most of the EBITDA numbers have been hampered by the fact that we launched 4 new shows at the beginning of the year in our television business and these shows will take about 100-120 days to become profitable.”