Television Eighteen India or TV18 has posted a 37 per cent decline in its consolidated net loss at Rs 41.52 crore in the quarter ended December 31,2009 as against a net loss of Rs 66 crore in the same qaurter last year.
The company's Q3 consolidated net sales were up 9 per cent at Rs 128.3 crore as compared to Rs 117.7 crore.
TV18, which owns Moneycontrol.com and Indiaearnings.com, belongs to the Network 18 Group.