The Essel Group firm had posted a net loss of Rs 36.68 crore in April-June quarter a year-ago, Siti Network said in a BSE filing.
Its net sales on consolidated basis was up by 22.53 per cent to Rs 278.96 crore during the quarter under review as against Rs 227.65 crore of the corresponding quarter last fiscal.
Commenting on the results Siti Networks Executive Director & CEO V D Wadhwa said: "Recurring cash flows were sluggish due to delays in Phase 3 monetisation on account of legal bottlenecks."
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