Network18 Media & Investments Limited reported a resilient performance in FY26, navigating a weak advertising environment with steady revenue growth and strong gains across digital and new business segments.
For the March quarter (Q4FY26), the company posted consolidated operating revenue of ₹616 crore, up 9.7% year-on-year and 14.2% sequentially. This comes at a time when the broader TV news industry saw advertising demand decline, highlighting Network18’s relative outperformance. For the full year, revenue stood at ₹2,121 crore, marking a 4.7% YoY increase, which rises to 7% when excluding the high election-led base of the previous year.
A key driver was improved ad inventory consumption, which grew 4.5% YoY against an industry-wide drop of over 10%. The network also strengthened its revenue mix through flagship events such as Rising Bharat and Forbes India Leadership Awards.
EBITDA for Q4FY26 came in at ₹30 crore with a margin of 4.9%, while annual EBITDA remained flat as costs grew alongside expansion efforts. On the audience front, Network18 increased its TV viewership share to 13.8% and continued to lead India’s digital news ecosystem, reaching over 350 million monthly users. Its YouTube presence saw a sharp 90% growth in video views.
New ventures like Moneycontrol Fintech and Creator18 scaled significantly, supporting diversification. With leadership across Hindi, English, and regional markets, Network18 continues to balance core news strength with digital and business expansion.
