Comments
Network18 Media & Investment today reported a consolidated loss of Rs 11.72 crore for the third quarter ended December 31, 2013.
The company had reported a consolidated net profit of Rs 6.84 crore for the October-December quarter last fiscal.
However, consolidated net income of the company increased to Rs 727.59 crore during October-December 2013, as against Rs 697.40 crore in the same period last fiscal, the company said in a BSE filing.
Overall expenses during the quarter under review were at Rs 687.59 crore as against Rs 710.27 crore in the same quarter last year.
Shares of Network18 Media & Investment today closed at Rs 31.25 per scrip on the BSE, down 2.19 per cent from their previous close.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.