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

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































