Network18's Q1: Revenue up 142% due to IPL

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Viacom18, a company in which Network18's subsidiary TV18 holds a 13.54% stake, has digital rights to the IPL. In the same quarter of the previous fiscal year, the company recorded revenue of Rs 1,340 crore. The company reported an operating loss of Rs 84 crore for the quarter, compared to a profit of Rs 46 crore a year ago.

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