Network18 posts nearly Rs 149 crore profit in Q1 FY26

Revenue from operations stood at Rs 467 crore in Q1 FY26, down 17% from Q4 FY25

by e4m Staff
Published: Jul 15, 2025 6:46 PM | 2 min read

Network18 Media & Investments has reported a consolidated profit of Rs 148.85 crore for the quarter ended June 30, 2025 (Q1 FY26), compared to a loss of Rs 195.36 crore in the same quarter last year.

In the preceding quarter (Q4 FY25), the company had posted a loss of Rs 29.09 crore.

Revenue from operations stood at Rs 467.86 crore in Q1 FY26, down 17% from Rs 561.32 crore in Q4 FY25 and down 85.1% from Rs 3,140.92 crore in Q1 FY25.

Total income for the quarter was Rs 478.01 crore, down from Rs 564.57 crore in Q4 FY25 and Rs 3,292.10 crore in Q1 FY25, a 15.3% sequential and 85.5% year-on-year decline.

Other income stood at Rs 10.15 crore, up from Rs 3.25 crore in the previous quarter but lower than Rs 151.18 crore in the year-ago period.

As per the company's media statement, revenue for the quarter declined on a YoY basis as the base quarter had a healthy contribution of election-linked advertising. Further, the ad environment for the genre continued to be soft due to weak consumer demand and a sports packed quarter. Advertising inventory consumption for the TV news industry declined by more than 20% YoY, highlighting the challenges faced by the segment.

"Despite the dual impact of a weak ad environment and high base, Network18 displayed resilient performance on the back of its strong operating position, with operating revenue down by only 5%. Compared with Q1FY24, which also did not have any significant revenue linked to elections, revenue is up 9%. In view of the soft revenue conditions, the Company maintained a tight control on expenses as operating costs declined by 5% YoY during the quarter,” the statement added.

Adil Zainulbhai, Chairman of 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.”