Network 18 Media & Investments reports standalone net loss of Rs 7.76 crore in the March 2017 quarter

Sales rise 6.55% to Rs 17.89 crore

Net Loss of Network 18 Media & Investments reported to Rs 7.76 crore in the quarter ended March 2017 as against net loss of Rs 61.87 crore during the previous quarter ended March 2016. Sales rose 6.55% to Rs 17.89 crore in the quarter ended March 2017 as against Rs 16.79 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 118.69 crore in the year ended March 2017 as against net loss of Rs 75.09 crore during the previous year ended March 2016. Sales declined 0.65% to Rs 66.86 crore in the year ended March 2017 as against Rs 67.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.8916.79 7 66.8667.30 -1 OPM %-48.52-82.13 --82.17-61.78 - PBDT-5.35-59.72 91 -110.12-69.26 -59 PBT-7.72-61.87 88 -118.65-75.09 -58 NP-7.76-61.87 87 -118.69-75.09 -58

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