New Delhi: Network18 Media and Investments Ltd on Saturday posted a consolidated net loss of 36.46 crore for second quarter ended 30 September.

The company had registered a consolidated net loss of 39.83 crore in the year-ago period.

Total income from operations for the September quarter stood at 744.83 crore compared with 669.84 crore during year-ago period.

The company has said that the results were not comparable as Equator Trading Enterprises, including its subsidiary Prism TV, has become a wholly owned subsidiary of the company. Eenadu Television has also become an associate of the company from January this year.

“To this extent, the results of this period are not comparable with the corresponding previous period," the company said. PTI

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