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Network 18 Media & Investments reports consolidated net loss of Rs 79.79 crore in the December 2016 quarter

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Capital Market

Sales decline 7.24% to Rs 371.94 crore

Net loss of Network 18 Media & Investments reported to Rs 79.79 crore in the quarter ended December 2016 as against net profit of Rs 50.37 crore during the previous quarter ended December 2015. Sales declined 7.24% to Rs 371.94 crore in the quarter ended December 2016 as against Rs 400.98 crore during the previous quarter ended December 2015. ParticularsQuarter EndedDec. 2016Dec. 2015% Var.Sales371.94400.98 -7 OPM %-2.439.17 -PBDT-53.4565.51 PL PBT-76.8150.60 PL NP-79.7950.37 PL

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First Published: Jan 16 2017 | 3:35 PM IST

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