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New Delhi Television's Net Loss Widens in Fiscal Q4; Shares Fall 3%

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-- New Delhi Television (NSE:NDTV, BOM:532529) posted an attributable consolidated net loss of 978.4 million rupees in the fiscal fourth quarter, widening from a loss of 608.8 million rupees a year ago, according to a Wednesday filing with the Indian exchanges.

The company's shares were down over 3% in Thursday's trade.

Loss per share for the quarter ended March 31 came in at 11.18 rupees compared with loss per share of 9.44 rupees a year earlier.

Revenue from operations in fiscal Q4 rose to 1.48 billion rupees from 1.27 billion rupees a year earlier, the filing said.

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