Network18 Media & Investments Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 19,249.6 million compared to INR 16,501.9 million a year ago. Revenue was INR 16,749 million compared to INR 14,263.8 million a year ago. Net income was INR 971 million compared to INR 648.2 million a year ago. Basic earnings per share from continuing operations was INR 0.94 compared to INR 0.63 a year ago.
For the nine months, sales was INR 49,449.8 million compared to INR 38,180.2 million a year ago. Revenue was INR 42,980.7 million compared to INR 33,155.3 million a year ago. Net income was INR 1,456.9 million compared to net loss of INR 68.5 million a year ago. Basic earnings per share from continuing operations was INR 1.41 compared to basic loss per share from continuing operations of INR 0.07 a year ago.