Network18’s Q2 net loss widens 28% to Rs 152 crore amid continued investments
Red18 Media & Investments reported a 28% year-on-year (y-o-y) rise in its consolidated net loss for the quarter ended September 30, with losses amounting to Rs 152 crore. This increase is attributed to sustained investments in digital and sports businesses by its entertainment subsidiary, Viacom18. The company’s operating income for the quarter decreased 2.1% to … Read more