Broadcasting & Cable TV company Network18 Media & Investments announced Q3FY25 results Financial Highlights: Revenue: Rs 476 crore compared to Rs 469 crore during Q3FY24, change 2%. Expense: Rs 465 crore compared to Rs 447 crore during Q3FY24, change 4%. EBITDA: Rs 12 crore compared to Rs 22 crore during Q3FY24, change -47%. EBITDA margiin: 2% for Q3FY25. Other Highlights: Moneycontrol Pro crossed 1 million paid subscribers, strengthening its position as India’s #1 subscription-based financial intelligence platform; Moneycontrol’s fintech business made rapid strides, scaling up as a lending service provider. TV News network share improved by 110bps QoQ while maintaining leadership in key markets; News18 Lokmat exited the calendar year as the #1 Marathi news channel, a significant turnaround over the last 12 months. Operating revenue for the quarter was Rs 476 crore, marginally higher on a YoY basis; advertising environment continued to be soft, exerting downward pressure on growth. Viacom18’s merger with Star India completed on 14th November, creating one of India’s largest broadcasting and digital streaming companies; Network18 holds 6.3% effective economic interest in the JV through its holding in Viacom18 Adil Zainulbhai, Chairman, Network18, said: “The restructuring of the business is now complete, simplifying the corporate structure for all our stakeholders. We are pleased with the progress made on the operating front, especially the manner in which our television network is growing. Having established leadership positions in national markets, we are now focused on select regional markets for driving the next phase of growth. Our Digital business is also gaining momentum, and we are harnessing the combined strength of our platforms to deliver a superlative and seamless experience to our consumers.” Result PDF