Network 18 Media & Investments reports standalone net loss of Rs 50.26 crore in the December 2016 quarter

Sales decline 8.13% to Rs 16.27 crore

Net loss of Network 18 Media & Investments reported to Rs 50.26 crore in the quarter ended December 2016 as against net profit of Rs 22.10 crore during the previous quarter ended December 2015. Sales declined 8.13% to Rs 16.27 crore in the quarter ended December 2016 as against Rs 17.71 crore during the previous quarter ended December 2015. ParticularsQuarter EndedDec. 2016Dec. 2015% Var.Sales16.2717.71 -8 OPM %-82.97-41.78 -PBDT-47.9823.73 PL PBT-50.2622.10 PL NP-50.2622.10 PL

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