Network18 Media & Investments Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 21,635.7 million compared to INR 18,118.7 million a year ago. Revenue was INR 20,522.3 million compared to INR 15,516 million a year ago. Net loss was INR 609.9 million compared to INR 364.9 million a year ago. Basic loss per share from continuing operations was INR 0.59 compared to INR 0.35 a year ago.
For the six months, sales was INR 59,537 million compared to INR 33,694.6 million a year ago. Revenue was INR 54,839.5 million compared to INR 29,140.2 million a year ago. Net loss was INR 997.2 million compared to INR 398.1 million a year ago. Basic loss per share from continuing operations was INR 0.96 compared to INR 0.38 a year ago.