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Network 18 Media & Investments Ltd Q1FY24; 26% fall in Profits

Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses.

Financial Results:

Network 18 Media & Investments Ltd reported Revenues for Q1FY24 of ₹3,239.00 Crores up from ₹1,340.00 Crore year on year, a rise of 141.72%.

Total Expenses for Q1FY24 of ₹3,432.00 Crores up from ₹1,350.00 Crores year on year, a rise of 154.22%.

Consolidated Net Profit of ₹29.00 Crores down 25.64% from ₹39.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.37, from -₹0.03 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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