The magnetoresistance of epitaxial Nd0.7Sr0.3MnOδ thin films has been studied. A giant magnetoresistance, with more than 4 orders of magnitude change in resistance (−ΔR/RH≳106%), was obtained at ∼60 K and a magnetic field of 8 T. This giant magnetoresistance (GMR) ratio is about one order of magnitude larger than the highest value reported previously which was observed in La–Ca–Mn–O film. We have also obtained a large GMR ratio with −ΔR/RH≳3000% for H=5 T in an insitu Nd0.7Sr0.3MnOδ thin film, a much larger effect than the previous results in doped manganese oxide films in which a large GMR ratio was obtained only in postannealed samples. Our results also show that the GMR effect in these films can be strongly influenced by the thin‐film preparation conditions.