Network18 Media & Investments Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 18,118.7 million compared to INR 16,104.3 million a year ago. Revenue was INR 15,516 million compared to INR 13,923.5 million a year ago. Net loss was INR 364.9 million compared to net income of INR 390.2 million a year ago. Basic loss per share from continuing operations was INR 0.35 compared to basic earnings per share from continuing operations of INR 0.38 a year ago.
For the six months, sales was INR 33,694.6 million compared to INR 30,200.2 million a year ago. Revenue was INR 29,140.2 million compared to INR 26,231.7 million a year ago. Net loss was INR 398.1 million compared to net income of INR 485.9 million a year ago. Basic loss per share from continuing operations was INR 0.38 compared to basic earnings per share from continuing operations of INR 0.47 a year ago.