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Network 18 Media & Investments reports consolidated net loss of Rs 49.70 crore in the June 2016 quarter

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Capital Market

Sales decline 14.52% to Rs 351.08 crore

Net loss of Network 18 Media & Investments reported to Rs 49.70 crore in the quarter ended June 2016 as against net profit of Rs 42.85 crore during the previous quarter ended June 2015. Sales declined 14.52% to Rs 351.08 crore in the quarter ended June 2016 as against Rs 410.72 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales351.08410.72 -15 OPM %-21.02-12.04 -PBDT-69.829.30 PL PBT-84.80-4.66 -1720 NP-49.7042.85 PL

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First Published: Jul 15 2016 | 8:09 AM IST

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