Consolidated income from operations rose 50.47 per cent to Rs 1,214.43 crore, as in opposition to Rs 807.07 crore within the corresponding quarter a yr in the past.
“Operating margin at … 15.5 per cent, highest ever in first quarter; despite second wave impact,” the corporate stated.
Total bills have been at Rs 1,080.79 crore, up 23.99 per cent from Rs 871.65 crore earlier.
Commenting on the outcomes, Network18 Chairman Adil Zainulbhai stated, “Led by the many learnings from the past year and a responsibility to serve the Indian audience, we have been able to continue our businesses relentlessly and profitably.”
Shares of Network18 Media & Investments Ltd on Tuesday settled at Rs 50.15 on BSE, down 2.53 per cent.