Network 18 Q1 FY26 results: Net profit at ₹516.17 crore, revenue down 5% to ₹430 crore

Network 18 on Tuesday, July 15, posted a net profit of ₹516.17 crore for the first quarter of the current fiscal year (Q1 FY26), improving significantly from the net loss of ₹74.65 crore posted in the year-ago period (Q1 FY25).

The company’s revenue from operations stood at ₹430.40 crore for the quarter ended June 30, 2025, down 4.9% from ₹452.77 crore in the same period previous year.

For the June quarter, the company’s total income was at ₹438.89 crore, down 4% from ₹457.62 crore, while its total expenses also declined by 4.23% to ₹509.73 crore from ₹₹532.27 crore in Q1 FY25.

Its operational costs fell 4.58% to ₹81.71 crore during the June quarter from ₹85.63 crore in the year-ago period.

“Another quarter of strong operating performance; however, persisting macro-economic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavour to continue diversifying our business and build new avenues of growth,” said Adil Zainulbhai, Chairman of Network18 Media and Investments Limited.

Network 18 Q1 FY26 consolidated results

On a consolidated basis, Network 18 Media & Investments reported a net profit of ₹148.85 crore for the June quarter after posting a net loss of ₹194.13 crore in the same quarter of the previous fiscal year.

However, the company’s consolidated revenue from operations recorded a major drop, falling 85.1% to ₹467.86 crore in the reporting quarter from ₹3,140.92 crore in Q1 FY26.

The operational costs of Network 18, on a consolidated basis, fell significantly to ₹100.30 crore, down 95.64% from ₹2,301.53 crore in the same period previous year.

Overall, the company’s total expenses fell 84.33% to ₹550.12 crore as against ₹3,509.46 crore in the June quarter of fiscal year 2024-25, while its total income declined to ₹478.01 crore as compared to ₹3,292.10 crore.

Shares of Network 18 Media & Investments Ltd ended 0.68% down at ₹55.71 apiece on the NSE on Tuesday. The company released its Q1 earnings post market hours.