Network18 Media and Investments Ltd Q4 revenue rises nearly 10%, profit jumps amid ad slowdown

Network18 Media and Investments Ltd Q4 revenue rises nearly 10%, profit jumps amid ad slowdown


Network18 Media and Investments Ltd reported a resilient March-quarter performance, posting steady revenue growth and a sharp rise in operating profit despite a challenging advertising environment for television news.

Consolidated operating revenue for the fourth quarter rose 9.7% year-on-year to ₹616 crore, while operating profit climbed to ₹30 crore from ₹19 crore a year earlier. Margins improved to 4.9%, reflecting tighter cost control and better monetisation across platforms.

The gains came even as the broader TV news advertising market contracted by over 10% during the quarter. Network18, however, managed to outperform the industry, with ad inventory consumption growing 4.5%, supported by stronger viewership and improved yield.

For the full financial year, revenue increased 4.7% to ₹2,121 crore. Growth was moderated by a high base in the previous year, which had benefited from election-driven advertising. Excluding the first quarter, revenue growth was closer to 7%.

Chairman Adil Zainulbhai said the company closed the year on a stable footing despite macroeconomic and geopolitical headwinds, highlighting a focus on expanding newer businesses while reinforcing its core news operations.

Network18 maintained its leadership across both television and digital segments. Its TV network, spanning 20 channels, held a 13.8% viewership share and reached over 230 million monthly viewers, significantly ahead of competitors.

Among key brands, CNBC-TV18 led the business news segment, while News18 India and CNN-News18 topped their respective categories.

On the digital front, the company remained India’s largest news network, reaching more than 360 million users monthly. Its platforms generated 17.5 billion YouTube views in the quarter, more than double that of its closest rival.



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