Network 18 Media & Investments reports net loss of Rs 19.57 crore in the March 2014 quarter

Sales decline 66.86% to Rs 17.84 crore

Net loss of Network 18 Media & Investments reported to Rs 19.57 crore in the quarter ended March 2014 as against net profit of Rs 43.70 crore during the previous quarter ended March 2013. Sales declined 66.86% to Rs 17.84 crore in the quarter ended March 2014 as against Rs 53.83 crore during the previous quarter ended March 2013.

For the full year,net loss reported to Rs 74.94 crore in the year ended March 2014 as against net loss of Rs 29.91 crore during the previous year ended March 2013. Sales declined 48.92% to Rs 95.64 crore in the year ended March 2014 as against Rs 187.23 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales17.8453.83 -67 95.64187.23 -49 OPM %-69.45-25.71 --73.03-34.26 - PBDT-17.88-3.28 -445 -71.45-86.99 18 PBT-19.86-7.08 -181 -79.48-97.58 19 NP-19.5743.70 PL -74.94-29.91 -151

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