Network18 Media & Investments Limited has announced its audited financial results for the quarter and year ended March 31, 2026. For the full fiscal year, the company reported a standalone profit of ₹265.93 crore. The Board of Directors reviewed the company’s performance, noting significant operational developments, including the consolidation of News18 Marathi as a wholly-owned subsidiary and strategic changes regarding Eenadu Television Private Limited (ETPL).
Financial Performance Overview
For the financial year ended March 31, 2026, Network18 reported a standalone total income of ₹1,978.20 crore, compared to ₹1,912.96 crore in the previous year. The standalone profit for the year stood at ₹265.93 crore. On a consolidated basis, the company reported a total income of ₹2,148.46 crore for the year, with a consolidated net profit attributable to owners of the company of ₹152.21 crore.
Operational Highlights
The company continues to operate in a single reportable segment, ‘Media Operations’. Several strategic developments impacted the fiscal year results:
- ETPL Assignment: Effective July 7, 2025, ETPL ceased to be an associate company following the assignment of voting rights. This resulted in a fair valuation gain of ₹587.01 crore recognized in Q1.
- News18 Marathi Acquisition: In October 2025, the company acquired the remaining stake in News18 Marathi, making it a wholly-owned subsidiary. Subsequently, a scheme of amalgamation was approved in March 2026 to merge the subsidiary into the parent company.
- Labour Code Impact: The implementation of new labour codes effective November 2025 led to an additional obligation of ₹11.75 crore for the quarter and ₹31.30 crore for the full year, recognized as an exceptional item.
Strategic Outlook
The company maintains a focus on its core media operations. Management has emphasized that the financial statements have been prepared in compliance with Indian Accounting Standards and audit reports for both standalone and consolidated results were issued with an unmodified opinion by the statutory auditors, Deloitte Haskins & Sells LLP.
Source: BSE
