Media firm Zee Media Corporation Ltd’s consolidated net loss widened to Rs 6.22 crore for the third quarter ended December 2016 on account of lower income.
The company reported a net loss of Rs 77.2 lakh in the same quarter a year ago.
Total income from operations declined 5.91 per cent to Rs 135.92 crore during the quarter under review as against Rs 144.47 crore in the same quarter last fiscal, the company said in a BSE filing.
Total expenses stood at Rs 139.79 crore as against Rs 134.35 crore, up 4.04 per cent.
Zee Media shares gained 1.18 per cent to Rs 38.50 on Friday.