Network18’s Q2 net loss widens by 28% to Rs 152 crore amid continued investments
Network18 Media & Investments has reported a 28% year-on-year (YoY) increase in its consolidated net loss for the quarter ending 30th September, with losses rising to Rs 152 crore. This increase is attributed to sustained investments in the digital and sports businesses by its entertainment subsidiary, Viacom18. The company’s operating revenue for the quarter declined…