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Network18 Media & Investments (NETWORK18) investor relations material
Network18 Media & Investments Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating revenue for the news business rose 5% year-over-year to Rs. 500 crores in Q3 FY26, despite a weak advertising environment.
Maintained #1 position in TV and digital news, with TV viewership share up 110 bps YoY to 14.2% and ~300 million monthly digital reach.
Leadership sustained in key TV markets (Hindi, English, Marathi, Kannada) and strong digital engagement, including 100%+ YoY growth on YouTube.
Creator18 expanded to over 60 exclusive creators, with top 10 reaching over 2 billion unduplicated users.
Renewed 10-year partnership with CNN International, enhancing global digital presence.
Financial highlights
Standalone operating revenue for Q3 FY26: Rs. 500.4 crore, up 5% YoY and 4.9% sequentially.
Standalone operating EBITDA for Q3 FY26: Rs. 11.8 crore, up 2.2% YoY and 60.7% sequentially; EBITDA margin at 2.4%.
Nine-month standalone revenue grew 2.4% YoY to Rs. 1,408 crore.
Consolidated revenue from operations for Q3 FY26: Rs. 553.4 crore; total expenses at Rs. 613.2 crore.
Q3 FY26 standalone net loss: Rs. 107.6 crore, impacted by exceptional items.
Outlook and guidance
Management expects government measures to boost consumer spending, potentially improving the advertising environment.
Continued focus on strengthening leadership in news and digital platforms.
- Q1 FY25 saw continued losses, negative margins, and high leverage, with no outlook provided.NETWORK18
Q1 24/2524 Nov 2025 - Half-year revenue grew, but losses deepened amid negative margins and major group amalgamation.NETWORK18
Q2 24/2524 Nov 2025 - Exceptional items drove a large standalone profit and consolidated loss in Q3 FY25.NETWORK18
Q3 24/2524 Nov 2025 - FY25 saw major restructuring, with large exceptional items and continued operating losses.NETWORK18
Q4 24/2524 Nov 2025 - Q1 FY26 results show improved margins, reduced losses, and major exceptional income from ETPL.NETWORK18
Q1 25/2624 Nov 2025 - Consolidated profit rebounded on one-time ETPL gain; IBN Lokmat acquisition approved.NETWORK18
Q2 25/2624 Nov 2025 - India's leading media group dominates news and business media with unmatched reach and innovation.NETWORK18
Corporate Presentation2 Sep 2025
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Next Network18 Media & Investments earnings date
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