Reliance MediaWorks Q3 net loss widens to Rs 57.04 cr
Reliance Anil Dhirubhai Ambani Group (ADAG) company Reliance MediaWorks on Tuesday reported a net loss of Rs 57.04 crore in the quarter ended December 31, 2010.
The company had a net loss of Rs 27.33 crore in the same period last year, Reliance MediaWorks said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the films and entertainment services company rose to Rs 215.30 crore in the October-December quarter from Rs 204.76 crore in the same period a year ago, it added.
Shares of the company went up by 1.38 percent in the morning trade on the BSE to touch an early high of Rs 146.70.
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