Network18 Q2 Results: Firm posts net loss at Rs 28.84 crore, revenue rises 11.65% YoY to Rs 1,548.89 crore
Brands held back advertising spends on new product launches and sustenance campaigns due to these headwinds. Advertising spends by start-ups and e-com players also declined due to the difficult fund-raising environment, said an earning statement from Network18 Media.
