Reliance Anil Dhirubhai Ambani Group (ADAG) company Reliance MediaWorks has reported a net loss of Rs 57.04 crore during the third quarter ended December 31, 2010, against Rs 27.33 crore in the same period last fiscal.
In a filing to the Bombay Stock Exchange, the company said that its net sales rose to Rs 215.30 crore during the October-December quarter this fiscal from Rs 204.76 crore in the same period previous fiscal.
Meanwhile, the shares of the films and entertainment services company went up by 1.38 per cent in the morning trade on the BSE to touch an early high of Rs 146.70. Later, the scrip was trading down by 0.93 per cent at Rs 143.35.