Q3FY17 Quarterly Result: Network 18 Media and Investments Ltd

Network 18 Media and Investments Ltd., has reported its performance for Q3FY17.

Q3FY17's total sales have come in at Rd 372.81 crores, representing a 1.55% sequential and 7.08% YoY depletion.

Operating profit (EBIT) for the recently concluded quarter sums upto Rs -32.38 crores.

In terms of the bottom-line, the company has reported a Net Loss of Rs. -79.79 crores.

Network 18 Media & Investments Ltd., is well established private limited company, a leader amongst full play media conglomerates, having presence in television, print, internet, filmed entertainment, mobile content and other allied businesses. Its product range and service offerings are inclusive of the Films business, Sale of CDs / DVDs, Sale of Film Rights, Sale of Stalls at Exhibitions, Wireless Short Messaging Services, Advertisement Film Distribution and Sale of Magazines. The business of Web Operations, Publishing Business, Events & Sports Management also form an integral part of its corporate portfolio.