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

Q3 FY23 results · Oct–Dec 2022

Network18 Media & Investments reported revenue from operations of ₹1,850.49 crore (up 11.6% from Q3 FY22) and net profit of ₹8.82 crore (down 97.1% from Q3 FY22) for Q3 FY23 (Oct–Dec 2022), on a consolidated basis.

Consolidated · ₹ crore
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	1,850.49	1,657.43	+11.6%	1,548.89	+19.5%
Other income	50.17	17.47	+187.2%	2.71	19x
Total income	1,900.66	1,674.90	+13.5%	1,551.60	+22.5%
Profit before share of associates & JVs and tax	(38.35)	337.27	Turned loss	(40.36)	Loss narrowed
Share of profit/(loss) of associates & JVs	33.68	16.55		12.35
Net profit for the period	8.82	306.94	−97.1%	(28.84)	Turned profit
Attributable to shareholders of the company	(7.68)	97.10	Turned loss	(36.49)	Loss narrowed
EPS, basic (₹)	(0.07)	0.94	Turned loss	(0.35)	Loss narrowed
Net margin (%)	0.5	18.5		-1.9

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
Item	Q3 FY23	Q3 FY22	YoY	Q2 FY23	QoQ
Revenue from operations	50.78	51.78	−1.9%	42.53	+19.4%
Other income	2.88	0.90	+220.0%	0.94	+206.4%
Total income	53.66	52.68	+1.9%	43.47	+23.4%
Profit before tax	(47.92)	(14.98)	Loss widened	(44.57)	Loss widened
Net profit for the period	(47.92)	(14.98)	Loss widened	(44.57)	Loss widened
EPS, basic (₹)	(0.46)	(0.14)	Loss widened	(0.43)	Loss widened
Net margin (%)	-94.4	-28.9		-104.8

Consolidated

Filed with BSE: 18 Jan 2023, 10:20 IST
Board meeting: 17 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 18 Jan 2023, 10:20 IST
Board meeting: 17 Jan 2023
Period: 01 Oct 2022 to 31 Dec 2022
Review status: Unaudited
Source: XBRL filing on BSE