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Network 18 Media & Investments reports consolidated net loss of Rs 41.85 crore in the March 2020 quarter

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Capital Market

Sales rise 18.98% to Rs 1464.51 crore

Net Loss of Network 18 Media & Investments reported to Rs 41.85 crore in the quarter ended March 2020 as against net loss of Rs 91.04 crore during the previous quarter ended March 2019. Sales rose 18.98% to Rs 1464.51 crore in the quarter ended March 2020 as against Rs 1230.93 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 236.61 crore in the year ended March 2020 as against net loss of Rs 302.97 crore during the previous year ended March 2019. Sales rose 4.71% to Rs 5357.15 crore in the year ended March 2020 as against Rs 5116.18 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1464.511230.93 19 5357.155116.18 5 OPM %13.00-0.45 -10.623.08 - PBDT135.29-54.81 LP 367.83-88.60 LP PBT95.67-91.43 LP 193.20-230.65 LP NP-41.85-91.04 54 -236.61-302.97 22

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First Published: Apr 23 2020 | 3:18 PM IST

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