StockWatch
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Media & Entertainment
Quarterly Result15 Jul 2026, 06:30 pm

Network18 Q1 FY27 Revenue Up 10.3% YoY to ₹516 Cr

AI Summary

Network18 Media & Investments Ltd announced its unaudited financial results for the quarter ended June 30, 2026. Consolidated operating revenue grew 10.3% year-on-year to ₹516 crores, driven by strong performance in the advertising business during state elections. Despite a decline in non-government advertising, Network18's ad inventory consumption grew 10% YoY, outperforming the industry. The company maintained its position as India's #1 digital news network with over 350 million monthly reach and strong YouTube viewership. Operating expenses increased due to annual increments, impacting EBITDA.

Key Highlights

  • Consolidated operating revenue rose 10.3% YoY to ₹516 Cr in Q1 FY27.
  • Advertising business benefited from state elections, outperforming industry growth.
  • Network18 remains India's #1 digital news network with 350M+ monthly reach.
  • YouTube viewership is 1.5x that of the nearest competitor.
  • EBITDA impacted by increased employee costs from annual increments.