Network18 Media & Investments Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 28,076 million compared to INR 17,306.7 million a year ago. Revenue was INR 25,800.9 million compared to INR 15,062.7 million a year ago. Net loss was INR 959.5 million compared to INR 367.8 million a year ago. Basic loss per share from continuing operations was INR 0.93 compared to INR 0.36 a year ago.
For the full year, sales was INR 108,256.6 million compared to INR 72,662.1 million a year ago. Revenue was INR 99,944.2 million compared to INR 63,209.5 million a year ago. Net loss was INR 2,537.5 million compared to INR 842.7 million a year ago. Basic loss per share from continuing operations was INR 2.45 compared to INR 0.81 a year ago.