| MUMBAI:
Infomedia18, TV18-owned publishing company, has reported a net loss of Rs 305.81
million for the quarter ended December 2008. The loss has widened as compared
to the year-ago quarter of Rs 70.25. Net
sales from operations during the quarter under review increased to Rs 369.42 million,
from Rs 286.32 million in the corresponding period of the previous year.
Total
expenditure in Q3 also increased to Rs 479.45 million, up from Rs 351.54 million
in the previous corresponding quarter. Infomedia18
has market presence in diverse business areas spanning business directories, magazine
publishing, printing services and publishing outsourcing. | 
