Network18 Media & Investments · NSE: NETWORK18 · BSE: 532798

Q1 FY24 results · Apr–Jun 2023

Network18 Media & Investments reported revenue from operations of ₹3,238.94 crore (up 141.7% from Q1 FY23) and net profit of ₹29.17 crore (down 26.1% from Q1 FY23) for Q1 FY24 (Apr–Jun 2023), on a consolidated basis.

Consolidated · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Revenue from operations3,238.941,339.89+141.7%1,483.72+118.3%
Other income192.7822.53+755.7%22.55+754.9%
Total income3,431.721,362.42+151.9%1,506.27+127.8%
Profit before share of associates & JVs and tax(0.60)12.64Turned loss(35.26)Loss narrowed
Share of profit/(loss) of associates & JVs28.0626.8612.46
Net profit for the period29.1739.46−26.1%(35.19)Turned profit
Attributable to shareholders of the company(38.73)(3.32)Loss widened(36.78)Loss widened
EPS, basic (₹)(0.37)(0.03)Loss widened(0.36)Loss widened
Net margin (%)0.92.9-2.4

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
ItemQ1 FY24Q1 FY23YoYQ4 FY23QoQ
Revenue from operations40.3040.65−0.9%53.25−24.3%
Other income2.070.95+117.9%1.52+36.2%
Total income42.3741.60+1.9%54.77−22.6%
Profit before tax(63.50)(35.43)Loss widened(58.61)Loss widened
Net profit for the period(63.50)(35.43)Loss widened(58.61)Loss widened
EPS, basic (₹)(0.61)(0.34)Loss widened(0.56)Loss widened
Net margin (%)-157.6-87.2-110.1
Consolidated
Filed with BSE
19 Jul 2023, 14:10 IST
Board meeting
18 Jul 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE
Standalone
Filed with BSE
19 Jul 2023, 14:10 IST
Board meeting
18 Jul 2023
Period
01 Apr 2023 to 30 Jun 2023
Review status
Unaudited
Source
XBRL filing on BSE