Network18 reports consolidated net loss of Rs 75.57 crore in Q4

Media firm Network18 Media and Investments Monday reported a consolidated net loss of Rs 75.57 crore in the fourth quarter ended March 31, 2019.

The company had reported a net loss of Rs 39.32 crore in the corresponding period a year ago.

The media and entertainment firm’s revenue from operation in the quarter under review stood at Rs 1,230.93 crore. It was Rs 824.89 crore in the last quarter of fiscal 2017-18.

Expenses during the quarter were at Rs 1,310.71 crore. They were Rs 844.5 crore in the corresponding period a year ago.