Network18 Media & Investments Widens Loss in Fiscal Q3

MT Newswires Live

2025/01/15

Network18 Media & Investments (NSE:NETWORK18, BOM:532798) widened its loss sharply in the fiscal third quarter ended Dec. 31, 2024, to 14.3 billion Indian rupees against a loss of 588.2 million rupees a year ago.

Loss per share grew to 9.38 rupees compared with a loss per share of 0.39 rupees a year earlier, according to a Tuesday filing to the stock exchanges by the media company.

Revenue from operations in fiscal Q3 declined to 13.6 billion rupees from 17.7 billion rupees a year earlier.

Shares of the company gained 1% in morning trade Wednesday.

Price (INR): ₹62.22, Change: ₹+0.78, Percent Change: +1.27%

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Investments (NSE:NETWORK18, BOM:532798) widened its loss sharply in the fiscal third quarter ended Dec. 31, 2024, to 14.3 billion Indian rupees against a loss of 588.2 million rupees a year ago.</p><p>Loss per share grew to 9.38 rupees compared with a loss per share of 0.39 rupees a year earlier, according to a Tuesday filing to the stock exchanges by the media company.</p><p>Revenue from operations in fiscal Q3 declined to 13.6 billion rupees from 17.7 billion rupees a year earlier.</p><p>Shares of the company gained 1% in morning trade Wednesday.</p><p>Price (INR): ₹62.22, Change: ₹+0.78, Percent Change: +1.27%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INR.AU","symbol_name":"IONEER LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2503652528","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503652528","pubTimestamp":1736913344,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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