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( As on 15/10/2025 18:50)

Network18 Media & In posts Q2 net loss of Rs 70.12 cr

The company reported standalone net loss during the quarter stood at Rs 70.12 crore as compared to net loss of Rs 74.45 crore in the previous year quarter.

Net revenue of the company rose moderately by 7.17 per cent at Rs 477.18 crore in July-September quarter of this fiscal as against Rs 445.27 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 7.20 per cent to Rs 469.82 crore from Rs 438.27 crore in year ago period.

Other Income dipped by 31.49 per cent at Rs 1.61 crore versus (Sep'24 Rs 2.35 crore).

Operating Profit surged by 5.14 per cent to Rs 7.36 crore as against Rs 7.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.91 per cent in September quarter.

Interest declined by 8.99 per cent y-o-y to Rs 48.28 crore