Network18 Q3 Results: Co reports net loss at Rs 1,435 crore post demerger with Viacom18

Network18 Media & Investments reports a widened consolidated loss of Rs 1,435 crore for Q3FY25. It is on account of an exceptional loss of Rs 1,426 crore because of company's demerger with Viacom18, which became effective on December 30, 2024. Revenue from operations was at Rs 1,361 crore. Viacom18's business has merged with Star India, forming a major broadcasting JV with Reliance Industries which has invested Rs 11,500 crores.

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