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Network18 Media Q4 net loss at Rs 3.70 crore

Shares of Network18 Media closed 4.09% up at Rs 44.55 per scrip on BSE

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Press Trust of India New Delhi
Last Updated : Apr 20 2016 | 6:04 PM IST
Network18 Media and Investments Ltd Wednesday reported a consolidated net loss of Rs 3.70 crore for the fourth quarter ended March 31, 2016.

The company had reported a consolidated net profit of Rs 10.58 crore during January-March last fiscal.

Total consolidated income from operations during fourth quarter of 2015-16 stood at Rs 902.93 crore, up 7.31%, as against Rs 841.42 crore during the same quarter of last fiscal.

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For the financial year 2015-16, Network18 Media reported a consolidated loss of Rs 34.68 crore. It had reported a loss of Rs 1,059.9 crore in the previous fiscal.

Total consolidated income from operation for the year under review was Rs 3,403.31 crore. It was Rs 3,126.56 crore in the financial year 2014-15.

Shares of Network18 Media closed 4.09% up at Rs 44.55 per scrip on BSE.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 20 2016 | 5:08 PM IST

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