Network18 Q4 Results: Revenue Rises 10% YoY to ₹616 Crore

Network18 Media & Investments Limited (NSE: NETWORK18) reported a steady financial performance for the quarter ended March 31, 2026. 

Consolidated operating revenue rose nearly 10% year-on-year to ₹616 crore, despite challenging macroeconomic conditions. On a sequential basis, revenue increased 14.2%, indicating improved momentum during the quarter.

For the full financial year FY26, consolidated revenue stood at ₹2,121 crore, reflecting a 4.7% YoY growth. Excluding the first quarter, which faced a high base due to election-driven advertising in the previous year, revenue growth was stronger at around 7%.

Outperformance in a Weak Advertising Environment

The company demonstrated resilience in a declining advertising market. While the TV news industry witnessed a drop of over 10% in ad inventory demand, Network18 recorded a 4.5% growth in inventory consumption. This outperformance was supported by its strong channel positioning and diversified revenue streams.

A robust lineup of events such as Rising Bharat, Indian Business Leadership Awards, Global Wealth Summit, and Forbes India Leadership Awards also contributed to revenue during the quarter.

Leadership Across TV and Digital Platforms

Network18 maintained its leadership position as India’s number one news network. Its TV viewership share increased by 50 basis points year-on-year to 13.8%. The company also retained its dominance in key regional and national markets, including Hindi, English, Marathi, and Kannada segments.

On the digital front, Network18 continued to lead as the top news and information network, reaching over 350 million users monthly. Its presence on YouTube strengthened significantly, with a 90% YoY growth in video views, more than double that of its nearest competitor.

Growth in New Business Segments

The company’s new initiatives, including Moneycontrol Fintech and Creator18, showed growth during the year. These businesses scaled up both operationally and financially, contributing to overall diversification and reducing reliance on traditional advertising revenues.

Profitability and Margins

Operating EBITDA for Q4FY26 stood at ₹30 crore, with a margin of 4.9%, reflecting significant improvement over previous quarters. For the full year, EBITDA remained flat at ₹44 crore as operating expenses grew in line with revenue.

Network18 Share Price Today

On April 20, 2026, Network18 share price opened at ₹36.05. At 11:47 AM, the share price of Network18 was trading at ₹36.17, down by 0.52% on the NSE.

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Conclusion

Network18’s performance highlights its ability to navigate a challenging advertising environment through market positioning, digital leadership, and diversification. With continued growth in new-age businesses and a presence across platforms, the company remains well-placed for sustained expansion.

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