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Network18 in consolidation mode, turnaround is sometime away
Rediff.com

Network18 in consolidation mode, turnaround is sometime away

Network18 and subsidiary TV18’s reported June quarter numbers indicate a possible turnaround over the next few quarters.   Consolidated losses for Network18, which owns about 57 per cent stake in TV18 and runs digital, publishing and e-commerce operations, came down to Rs 44 crore (Rs 440 million) (excluding one-offs) in the June quarter as compared to Rs 70 crore (Rs 700 million) in the year-ago one. Network18’s consolidated revenue saw growth of 27 per cent year-on-year ... Rediff.com, 1 month ago
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