Network 18 Media’s consolidated net loss widens to Rs 152 crore in Q2FY24

Ace News

14th Oct 2024

Network 18 Media & Investments has reported results for second quarter ended September 30, 2024 (Q2FY25). 

The company has reported net loss of Rs 74.45 crore for the quarter ended September 30, 2024 as against net loss of Rs 82.52 crore for the same quarter in the previous year. However, total income of the company increased by 4.79% at Rs 447.62 crore for Q2FY25 as compared to Rs 427.14 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss of Rs 152.31 crore for Q2FY25 as against net loss of Rs 119.18 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.35% at Rs 2,059.35 crore for Q2FY25 as compared to Rs 2,052.23 crore for the corresponding quarter previous year.