Network18 Media & Investments Limited Q2 FY26 results press release summary

Results press release of 15 Oct 2025, summarised by AI from the filing.

Network18 Q2 FY26 news business revenue up 7% YoY to ₹477.2 cr despite soft advertising; board approves ₹25 cr buy of balance 50% in News18 Lokmat.

Key takeaways

1. Guidance No forward guidance was provided in the release.
2. Acquisition Board approved acquisition of balance 50% stake in IBN Lokmat News Pvt. Ltd. for ₹25 cr, making it a wholly owned subsidiary.
3. Risk Continued softness in advertising environment; TV News industry inventory demand declined 7% YoY.

Original filing on BSE

Network18 Media & Investments Limited Q1 FY27 results

As filed: Revenue ₹516 cr (+10% year on year), EBITDA ₹7.5 cr (+88% year on year), PAT −₹38.4 cr (−126% year on year), EBITDA margin 1.5% (+60 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹616 cr (+10% year on year), EBITDA ₹30.4 cr (+60% year on year), PAT −₹29.6 cr, EBITDA margin 4.9% (+154 bps). Score 45 of 100, In line with trend. Revenue growth was in line with the company's own trend. EBITDA margin rose 154 bps year on year. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: −13.6% in 30 days (Nifty 500: −1.8%).
• Q3 FY26: Revenue ₹539 cr (−60% year on year), EBITDA ₹9.6 cr, PAT −₹5.3 cr, EBITDA margin 1.8% (+333 bps). Score 33 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin rose 333 bps year on year. Share price after the results: −6.2% in 30 days (Nifty 500: −0.7%).
• Q2 FY26: Revenue ₹498 cr (−73% year on year), EBITDA ₹0.0 cr, PAT ₹41.0 cr, EBITDA margin 0.0% (+981 bps). Score 36 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin rose 981 bps year on year. Profit fell 72% from last quarter. Share price after the results: −10.4% in 30 days (Nifty 500: +2.0%).
• Q1 FY26: Revenue ₹468 cr (−85% year on year), EBITDA ₹4.0 cr, PAT ₹149 cr, EBITDA margin 0.9% (+557 bps). Score 25 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin rose 557 bps year on year. Tax rate 0%. Revenue fell 17% from last quarter. Share price after the results: +0.9% in 30 days (Nifty 500: −3.3%).
• Q4 FY25: Revenue ₹561 cr (−77% year on year), EBITDA ₹19.0 cr, PAT −₹29.0 cr, EBITDA margin 3.4% (+1,000 bps). Score 30 of 100, Below trend. Revenue growth was well below the company's own trend. EBITDA margin rose 1000 bps year on year. Revenue fell 59% from last quarter. Share price after the results: +6.0% in 28 days (Nifty 500: +5.5%).
• Q3 FY25: Revenue ₹1,361 cr (−23% year on year), EBITDA −₹21.0 cr, PAT −₹1,400 cr, EBITDA margin -1.5% (+815 bps). Score 44 of 100, In line with trend. Revenue growth was well below the company's own trend. EBITDA margin rose 815 bps year on year. Revenue fell 25% from last quarter.
• Q2 FY25: Revenue ₹1,825 cr (−2% year on year), EBITDA −₹179 cr, PAT −₹152 cr, EBITDA margin -9.8% (+193 bps). Score 15 of 100, Below trend. EBITDA margin rose 193 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 42% from last quarter.

Past price moves after results do not indicate future moves. Not a recommendation.

Network18 Media & Investments Limited earnings call, investor presentation and press release summaries

• Q2 FY26: Results press release (15 Oct 2025)
• Q1 FY26: Results press release (15 Jul 2025)
• Q4 FY25: Results press release (18 Apr 2025)