Network18 Media & Investments has announced its financial results for the quarter ended September 30, 2025, reporting a 7.2% year-on-year increase in operating revenue. Revenue for Q2 FY26 reached ₹477.2 crore, up from ₹445.3 crore in the same period last year.
The growth comes despite continued challenges in the advertising market, including a 7% decline in inventory demand across the television news segment. Strong pricing strategies and stable performance in key markets contributed to the overall increase.
During the quarter, Network18 completed the acquisition of the remaining 50% stake in IBN Lokmat News (IBNL), the operator of News18 Lokmat, for ₹25 crore. With this acquisition, News18 Lokmat becomes a wholly owned subsidiary, strengthening Network18’s presence in the Marathi market and further consolidating its regional news portfolio.
The company also highlighted ongoing growth in its non-news initiatives, including Moneycontrol Fintech and Creator18, as part of its strategy to diversify revenue streams and expand its digital ecosystem.
Commenting on the results, Adil Zainulbhai, Chairman of Network18, said, “Acquisition of the balance stake in News18 Lokmat further strengthens our market-leading portfolio of national and regional news channels. Our mission is to be the one-stop news destination for audiences across the country, and this is another step in that direction. Our multi-lingual bouquet of TV and digital platforms continues to consolidate its position, putting us in a strong position to benefit from the government’s recent initiatives aimed at boosting consumer demand.”
