Network 18 Media & Investments reports standalone net loss of Rs 48.79 crore in the March 2020 quarter

Sales decline 19.55% to Rs 25.68 crore

Net Loss of Network 18 Media & Investments reported to Rs 48.79 crore in the quarter ended March 2020 as against net loss of Rs 72.87 crore during the previous quarter ended March 2019. Sales declined 19.55% to Rs 25.68 crore in the quarter ended March 2020 as against Rs 31.92 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 471.81 crore in the year ended March 2020 as against net loss of Rs 634.65 crore during the previous year ended March 2019. Sales declined 0.13% to Rs 111.44 crore in the year ended March 2020 as against Rs 111.58 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales25.6831.92 -20 111.44111.58 0 OPM %-69.31-107.86 --73.91-89.08 - PBDT-46.63-70.90 34 -230.52-280.93 18 PBT-48.29-72.59 33 -237.75-288.21 18 NP-48.79-72.87 33 -471.81-634.65 26

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