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Network 18 Media & Investments Ltd Q2FY24; 20% rise in Revenue

Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses.(Source : 202003-01 Annual Report Page No:15)

Financial Results:

  • Network 18 Media & Investments Ltd reported Revenues for Q2FY24 of ₹1,866.00 Crores up from ₹1,549.00 Crore year on year, a rise of 20.46%.
  • Total Expenses for Q2FY24 of ₹2,207.00 Crores up from ₹1,593.00 Crores year on year, a rise of 38.54%.
  • Consolidated Net Profit of -₹111.00 Crores from -₹29.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.58, from -₹0.35 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Media
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