India's Network18 Media & Investments falls after posting quarterly loss
BUZZ-India's Network18 Media & Investments falls after posting quarterly loss ** Shares of Network18 Media & Investments NEFI.NS fall 3.3% to 30.70 rupees
** Media co posted consol net loss of 387.1 mln rupees ($4 mln) in Q1 vs profit of 1.48 bln rupees a year ago
** Revenue rises 10.3% Y/Y to 5.16 bln rupees
** Co said other operating costs grew moderately and EBITDA remained flattish mainly due to the impact of increase in employee costs
** YTD, NEFI down ~29%
($1 = 96.3325 Indian rupees)
(Reporting by Vijay Malkar)
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