Network 18 Media & Investments reports consolidated net loss of Rs 33.32 crore in the March 2017 quarter

Sales decline 18.08% to Rs 387.67 crore

Net Loss of Network 18 Media & Investments reported to Rs 33.32 crore in the quarter ended March 2017 as against net loss of Rs 24.99 crore during the previous quarter ended March 2016. Sales declined 18.08% to Rs 387.67 crore in the quarter ended March 2017 as against Rs 473.24 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 233.44 crore in the year ended March 2017 as against net profit of Rs 25.42 crore during the previous year ended March 2016. Sales declined 2.37% to Rs 1491.04 crore in the year ended March 2017 as against Rs 1527.29 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales387.67473.24 -18 1491.041527.29 -2 OPM %5.3417.48 --9.253.40 - PBDT46.8345.54 3 -163.4083.77 PL PBT22.8430.76 -26 -243.3026.05 PL NP-33.32-24.99 -33 -233.4425.42 PL

Powered by Capital Market - Live News