Network18 Media Reports Strong Q4 EBITDA Growth of 61% to ₹306M with Margin Expansion

2 min read     Updated on 19 Apr 2026, 12:55 AM
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Network18 Media & Investments reported impressive Q4 FY26 operational performance with EBITDA surging 61% to ₹306 million and significant margin expansion to 4.97% from 3.39% year-over-year. The company achieved revenue growth of 9.8% to ₹6.16 billion while demonstrating enhanced operational efficiency and cost management capabilities despite continuing net losses.

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Network18 Media & Investments Limited has delivered strong operational performance in Q4 FY26, with EBITDA surging 61% to ₹306 million compared to ₹190 million in the corresponding quarter of the previous year. The company also achieved significant margin expansion with EBITDA margin improving to 4.97% from 3.39% year-over-year, demonstrating enhanced operational efficiency alongside revenue growth.

Q4 FY26 Financial Performance

The company's Q4 results showcase robust operational improvements across key financial metrics. Revenue grew 9.8% to ₹6.16 billion from ₹5.61 billion in the previous year, while the substantial EBITDA growth indicates better cost management and operational leverage.

Financial Metric: Q4 FY26 Q4 FY25 Change
Revenue: ₹6.16 billion ₹5.61 billion +9.8%
EBITDA: ₹306 million ₹190 million +61.0%
EBITDA Margin: 4.97% 3.39% +158 bps
Net Loss: ₹305 million ₹303 million +₹2 million

The significant EBITDA improvement of ₹116 million demonstrates the company's progress in optimizing operations and controlling costs, even as it continues working toward overall profitability at the net level.

Full Year FY26 Performance

For the complete financial year ended March 31, 2026, Network18 reported revenue from operations of ₹19.55 billion compared to ₹18.96 billion in FY25, representing growth of 3.1%. The company achieved a net profit of ₹265.93 crore for FY26 compared to ₹3,213.36 crore in FY25, primarily due to exceptional items in the previous year.

Annual Metrics: FY26 FY25 Change
Revenue from Operations: ₹19.55 billion ₹18.96 billion +3.1%
Net Profit: ₹265.93 crore ₹3,213.36 crore -91.7%
Total Assets: ₹89.58 billion ₹83.18 billion +7.7%
Net Worth: ₹54.29 billion ₹51.25 billion +5.9%

Board Meeting Outcome and Auditor Report

The Board of Directors approved the audited financial results for Q4 and FY26 at their meeting held on April 18, 2026. The meeting commenced at 12:00 Noon and concluded at 12:50 p.m. Deloitte Haskins & Sells LLP, the statutory auditors, have issued audit reports with unmodified opinion on both standalone and consolidated financial statements.

Consolidated Performance

On a consolidated basis, Network18 reported revenue from operations of ₹21.21 billion for FY26 compared to ₹68.88 billion in FY25. The consolidated net profit for FY26 was ₹155.20 crore compared to a net loss of ₹1,776.67 crore in the previous year, reflecting improved operational performance across the group.

Company Operations

Network18 Media & Investments Limited operates from its registered office at First Floor, Empire Complex, 414-Senapati Bapat Marg, Lower Parel, Mumbai-400013. The company maintains its corporate website at www.nw18.com and provides investor communications through investors.n18@nw18.com . The audited financial results are also available on the company's website.

Historical Stock Returns for Network18 Media & Investments

1 Day5 Days1 Month6 Months1 Year5 Years
-2.55%-8.77%-10.23%-32.14%-32.50%-18.97%

Can Network18 sustain its 61% EBITDA growth trajectory in FY27 given the current media industry headwinds?

What strategic initiatives will Network18 implement to convert its improved EBITDA performance into consistent net profitability?

How will the significant drop in consolidated revenue from ₹68.88 billion to ₹21.21 billion impact Network18's market positioning and competitive advantage?

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Network18 CEO Avinash Kaul Resigns to Pursue Opportunities Outside Organization

1 min read     Updated on 01 Apr 2026, 03:05 AM
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AI Summary

Network18 Media & Investments Limited announced the resignation of Mr. Avinash Kaul, CEO - Broadcast & Publishing, effective 31st March 2026. The resignation was disclosed under SEBI regulations, with Mr. Kaul citing professional and personal goals outside the organization as the reason for his departure. The company notified both NSE and BSE about this senior management change, with the resignation letter formally submitted on 5th January 2026.

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Network18 Media & Investments Limited has announced a significant leadership change with the resignation of Mr. Avinash Kaul, CEO - Broadcast & Publishing and Senior Management Personnel. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

The resignation announcement provides specific details about the leadership transition:

Parameter: Details
Executive Name: Mr. Avinash Kaul
Position: CEO - Broadcast & Publishing
Resignation Date: 5th January 2026
Last Working Day: 31st March 2026
Reason: Pursue professional and personal goals outside the organization

Regulatory Compliance

Network18 Media & Investments Limited fulfilled its regulatory obligations by notifying both major stock exchanges about this senior management change. The disclosure was made to the National Stock Exchange of India Limited (Trading Symbol: NETWORK18) and BSE Limited (SCRIP CODE: 532798) on 31st March 2026.

Executive's Statement

In his resignation letter addressed to the Managing Director, Mr. Kaul expressed gratitude for his tenure with the company. He acknowledged the leadership team and colleagues at Network18 for the enriching association and professional support over the years, describing the journey as truly enjoyable. The resignation letter was formally submitted to pursue opportunities outside the current organization.

Company Structure

Network18 Media & Investments Limited operates with its registered office located at First Floor, Empire Complex, 414- Senapati Bapat Marg, Lower Parel, Mumbai-400013. The company maintains its corporate identity with CIN - L65910MH1996PLC280969 and continues its operations in the media and investments sector.

The resignation of a senior management personnel in the broadcast and publishing division represents a notable change in the company's leadership structure, particularly given Mr. Kaul's role overseeing these key business segments.

Historical Stock Returns for Network18 Media & Investments

1 Day5 Days1 Month6 Months1 Year5 Years
-2.55%-8.77%-10.23%-32.14%-32.50%-18.97%

Who will Network18 appoint as the new CEO for Broadcast & Publishing, and what strategic direction might they bring?

How might this leadership change impact Network18's content strategy and competitive positioning in the media landscape?

Will Network18 consider restructuring its broadcast and publishing divisions following this executive departure?

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