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Network 18 Media declines on reporting consolidated net loss of Rs 79.79 crore in Q3

17 Jan 2017 Evaluate

Network 18 Media & Investment is currently trading at Rs. 36.00, down by 0.35 points or 0.96% from its previous closing of Rs. 36.35 on the BSE.

The scrip opened at Rs. 36.70 and has touched a high and low of Rs. 36.80 and Rs. 36.00 respectively. So far 18194 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 50.40 on 18-Jan-2016 and a 52 week low of Rs. 30.50 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 37.30 and Rs. 35.05 respectively. The current market cap of the company is Rs. 3800.42 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 5.34% and 19.66% respectively.

Network 18 Media & Investments reported a net loss of Rs 50.26 crore for the quarter ended December 31, 2016 as compared to a net profit of Rs 22.10 crore for the same quarter in the previous year. Total income of the company decreased by 97.06% at Rs 1.83 crore for the quarter under review as compared Rs 62.25 crore for the corresponding quarter previous year.    

On the consolidated basis, the company has reported a net loss after tax, minority interest and share of profit of associates at Rs 79.79 crore for the quarter ended December 31, 2016 as compared to a net profit of Rs 50.37 crore for the same quarter in the previous year. Total Income of the company decreased by 21.42% to Rs 353.42 crore for quarter under review from Rs 449.75 crore for the quarter ended December 31, 2015.  

Network 18 Media Inv Share Price

35.90 -0.48 (-1.32%)
20-Apr-2026 14:27 View Price Chart
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