Network 18 group has reported a consolidated net loss of Rs 70.3 crore in the second quarter of FY12 as against Rs 64 crore in the previous quarter.
But operating revenues jumped 17.2% to Rs 425.4 crore from Rs 363 crore during the same period.
In the first half of FY12, the company posted a net loss of Rs 134 crore and operating revenues of Rs 789 crore.
Commenting on the results for the quarter, Haresh Chawla, Group CEO, said,
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