Network18 Media & Investments reported a consolidated net loss of ₹38.36 crore for the quarter ended June 30, 2026 (Q1FY27), reversing the net profit of ₹148.85 crore recorded in the corresponding period of the previous year. The company's revenue from operations for the quarter stood at ₹516.26 crore, growing 10.3% year-on-year, while total income was ₹520.39 crore. On a standalone basis, the company reported a net loss of ₹77.92 crore for the quarter, with revenue from operations at ₹475.28 crore.

Financial Performance

The Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, at a meeting held on July 15, 2026. The statutory auditors conducted a limited review of the results. The company operates primarily in a single reportable operating segment, Media Operations.

Consolidated Results

Standalone Results

Operational Highlights

Consolidated operating revenue grew 10.3% year-on-year to ₹516 crore, driven by strong advertising performance during state elections. Network18's ad inventory consumption grew 10% year-on-year compared to 3% for the industry. The network maintained its position as the #1 digital news/information network in India with a monthly reach of 350 million+. Network18 also maintained clear dominance as the biggest news network on YouTube with 1.5x+ video views of the nearest competitor.

Key Disclosures

The company noted that Eenadu Television Private Limited ceased to be an associate with effect from July 7, 2025, following the assignment of voting rights. Additionally, the Group recorded an exceptional item of ₹12.13 crore in the quarter ended March 31, 2026, and ₹32.84 crore in the year ended March 31, 2026, regarding additional obligations due to the implementation of new Labour Codes. The figures for the previous periods have been regrouped where necessary for comparability.

Reliance Industrial Investments and Holdings Limited, a promoter group entity of Network18 Media & Investments , has declared that it did not create any encumbrance on the shares of the media company during the financial year 2025-26. The disclosure, submitted to the stock exchanges, confirms that no shares were encumbered directly or indirectly by the promoter entity at any point in the specified period.

The declaration was filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires entities belonging to the promoter group of a target company to disclose any encumbrance created on the shares of that company. The filing was addressed to the National Stock Exchange of India Limited and BSE Limited on April 09, 2026.

Network18 Media & Investments Limited is listed on the NSE with the symbol NETWORK18 and on the BSE with the code 532798. The communication was signed by Ritu Yadav, Company Secretary of Reliance Industrial Investments and Holdings Limited. Copies of the declaration were also forwarded to the Company Secretary and the Audit Committee of Network18 Media & Investments Limited.

Key Details of the Disclosure