Network18 Media & Investments Limited has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a consolidated net profit of ₹152.21 crore for the full financial year. Despite quarterly challenges, the annual performance reflects strategic adjustments, including the integration of new subsidiaries and the impact of the newly implemented labor codes on operational obligations.
Annual Financial Highlights
For the financial year ended March 31, 2026, Network18 reported a consolidated revenue from operations of ₹2,120.82 crore. The net profit attributable to owners of the company reached ₹152.21 crore. These figures encapsulate a year of significant corporate restructuring, including the acquisition of News18 Marathi and the subsequent approval of its amalgamation with the parent company.
Quarterly Performance Overview
In the fourth quarter (January-March 2026), the company recorded consolidated revenue from operations of ₹615.78 crore. The quarter saw a consolidated net loss of ₹30.52 crore attributable to owners, reflecting specific one-time impacts, including an additional financial obligation of ₹11.75 crore due to the implementation of new government labor codes.
Strategic Corporate Developments
The fiscal year was marked by several key strategic shifts:
- Subsidiary Integration: The company successfully acquired News18 Marathi, turning it into a wholly-owned subsidiary, with a further scheme of amalgamation approved by the Board on March 25, 2026.
- Investment Realignment: A major divestment in Eenadu Television (ETPL) during July 2025 resulted in a significant positive impact on the company’s financial results earlier in the fiscal year.
- Operational Efficiency: The group continues to operate within a single reportable segment, ‘Media Operations’, maintaining its focus on streamlining its core business activities.
Auditor’s Perspective
The statutory auditors, Deloitte Haskins & Sells LLP, have issued an audit report with an unmodified opinion on the financial statements for the year ended March 31, 2026, affirming that the financial results provide a true and fair view of the company’s performance.
Source: BSE
