Network18 Media Q1FY24 Results: Consolidated Loss of Rs. 38.73 Cr

TVS Holdings Q1FY24 Results: Consolidated PAT of Rs. 196.44 Cr

Network18 Media Q1 results show revenue up from 1506.27 crores to 3431.72 crores, a 127.83% increase in growth. EPS down from ₹-0.36 to ₹-0.37, down by 2.78%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Network18 Media shared its Q1 results on Tuesday. They earned 3431.72 crores in revenue this quarter, but that’s more than the 1506.27 crores they made last quarter. Unfortunately, the company’s growth increased by 127.83 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -38.73 crores, down from -36.78 crores in the previous quarter. Their quarter-to-quarter growth decreased by 5.30 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-0.37, which is a decrease of 2.78% from the ₹-0.36 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 3431.72 crores this year (2023), which is 151.88 percent lower than last year’s total revenue of 1362.42 crores.

This year’s PAT (Profit After Tax) is -38.73 crores, which is also 1,066.57% lower than last year’s PAT of -3.32 crores.

The EPS (Earnings Per Share) for this year is ₹-0.37, which is 1,133.33% less than the EPS of ₹-0.03 earned last year.

Network18 Media Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Network18 Media:

Network18 Media & Investments Limited, also known as the Network18 Group or the Network18–Eenadu Group, is an Indian media conglomerate. It is owned by Reliance Industries, a prominent energy company, and is led by billionaire Mukesh Ambani.

Download the Full PDF of Network18 Media Q1 Results: Click Here

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