Network18 slips to sharp Rs 27-cr quarterly loss

Network18 Media and Investments on Wednesday reported a consolidated net loss of Rs 27.42 crore for the second quarter ended September 30. The company had registered a consolidated net loss of Rs 36.46 crore in the same period a year ago. Network18’s total income from operations for this quarter stood at Rs 795.1 crore. It was Rs 736.12 crore during the same period of the previous fiscal.