Broadcasting & Cable TV company Network18 Media & Investments announced Q1FY26 results Operating Revenue: Rs 430 crore compared to Rs 453 crore during Q1FY25, change -4.9%. Operating Expense: Rs 426 crore compared to Rs 450 crore during Q1FY25, change -5.3%. Operating EBITDA: Rs 4 crore compared to Rs 2 crore during Q1FY25, change 68.5%. Operating EBITDA margin: 1.0% for Q1FY26 Adil Zainulbhai, Chairman, Network18, said: “Another quarter of strong operating performance, however, persisting macro-economic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavor to continue diversifying our business and build new avenues of growth.” Result PDF
Broadcasting & Cable TV company Network18 Media & Investments announced Q4FY25 results Operating Revenue: Rs 522 crore compared to Rs 535 crore during Q4FY24, change -2.5%. Operating expense: Rs 508 crore compared to Rs 494 crore during Q4FY24, change 3% Operating EBITDA: Rs 13 crore compared to Rs 41 crore during Q4FY24, change -67.6%. Operating EBITDA margin: 2.6% for Q4FY25. Adil Zainulbhai, Chairman, Network18, said: “We are really happy to end the fiscal on a strong note as the largest news network in the country on all fronts – viewership share, audience reach and language footprint. To be present across multiple linguistically diverse markets and have leadership in several of them is a testament to the strong consumer connect we have built with consumers over the years. As we enter into the next year, I am positive about the long-term growth of the Company despite the macro-economic headwinds that the world faces in the short term.” Result PDF
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
Broadcasting & Cable TV company Network18 Media & Investments announced Q2FY25 results: Financial Highlights: Total Consolidated Revenues: Rs 1,825 crore, down 2.2% YoY (from Rs 1,866 crore). Operating EBITDA: -Rs 179 crore, improved from -Rs 218 crore YoY. Operating Revenues by segment: News (TV, Digital, Print): Rs 445 crore, up 5.9% YoY (from Rs 420 crore). Entertainment (Viacom18): Rs 1,339 crore, down 5.4% YoY (from Rs 1,416 crore). Others (AETN18, Indiacast, Inter-Company Elims): Rs 40 crore, up 38.4% YoY (from Rs 29 crore). Subscription Revenue: Rs 733 crore, up 43.6% YoY (from Rs 511 crore). Film Production/Distribution: Rs 44 crore, down 88.2% YoY (from Rs 374 crore). Operating EBITDA by Segment: News (TV, Digital, Print): Rs 7 crore, improved from -Rs 10 crore YoY. Entertainment (Viacom18): -Rs 194 crore, slightly better than -Rs 215 crore YoY. Others (AETN18, Indiacast, Inter-Company Elims): Rs 8 crore, up from Rs 6 crore YoY. Other Highlights: Network18’s digital portfolio continued to be ranked second with ~240 million monthly unique visitors. Network18 has consistently closed the reach gap with the leader over the last few quarters to just ~10%, compared to 50%+ in Mar’23. Moneycontrol had 60%+ higher page views (PVs) and time-spent compared to the nearest competitor, establishing its dominance as the #1 player in terms of engagement. The platform saw a 50%+ YoY increase in Unique Visitors (UVs) and 30%+ growth in PVs. News18.com delivered a strong increase in engagement with a 40% YoY growth in PVs during the quarter. Firstpost continued to be India’s leading platform for coverage of international events with an Indian perspective. The platform continued to build on its success on YouTube, delivering more than 40% YoY growth in watch-time. Network18’s portfolio of 20 channels (including News18 Lokmat) continued to be the highest reach TV news network in the country with a weekly reach of 200+ million people across the country. JioCinema continued to be the fastest growing subscription-based OTT platform, crossing 16 million paid subscribers with a 2x QoQ growth. Sports – Viacom18’s coverage of Paris Olympics 2024 delivered the highest ever viewership of the event with 170+ million viewers and 15 billion minutes of watch-time across JioCinema and Sports 18. Commenting on the results, Adil Zainulbhai, Chairman of Network18, said: “We are happy to have completed the merger of our news businesses. With a strong portfolio of TV channels and digital platforms, covering the breadth of the country and catering to its linguistic diversity, we are ideally positioned to become the most preferred news network of India. We are committed to push boundaries of innovation and lead the growth of the industry as we build on this strong foundation.” Result PDF
Broadcating & Cable TV company Network18 Media & Investments announced Q1FY25 results: Operating Revenues: TV News (TV18 Standalone): Rs 385 crore (increased by 14% YoY) Entertainment (Viacom18+AETN18+Indiacast): Rs 2,684 crore (decreased by 5% YoY) TV18 Consolidated: Rs 3,069 crore (decreased by 3% YoY) includes: Subscription: Rs 537 crore (increased by 2% YoY) Film production/distribution: Rs 7 crore (decreased by 64% YoY) Digital News: Rs 109 crore (increased by 34% YoY) Print & Inter-Company Eliminations: Rs -37 crore Network18 Consolidated: Rs 3,141 crore (decreased by 3% YoY) Operating EBITDA: TV News (TV18 Standalone): Rs 40 crore (increased from Rs -6 crore in Q1FY24) Entertainment (Viacom18+AETN18+Indiacast): Rs -149 crore (decreased from Rs -49 crore in Q1FY24) TV18 Consolidated: Rs -109 crore (decreased from Rs -54 crore in Q1FY24) Digital News: Rs -29 crore (decreased from Rs -21 crore in Q1FY24) Print & Inter-Company Eliminations: Rs -10 crore (decreased from Rs -9 crore in Q1FY24) Network18 Consolidated: Rs -148 crore (decreased from Rs -84 crore in Q1FY24) Adil Zainulbhai, Chairman of Network18, said: “I would like to thank the shareholders of TV18, e-Eighteen.com, and Network18 for wholeheartedly approving the merger. Their faith inspires us to do even better as we continue in our journey of creating a media powerhouse. We truly believe that this merger will be a stepping-stone for us to build a long and lasting legacy.” Result PDF