Network18 Reports Wider Loss Despite Revenue Growth in Q4 FY26
Network18 Q4 FY26 results: Loss widens to ₹29.6 cr, revenue up 9.7% Y-o-Y
Business Standard
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Network18 Media & Investments Ltd reported a consolidated net loss of ₹29.61 crore for the quarter ending March 31, 2026, up from ₹29.09 crore a year earlier. Revenue rose by 9.7% year-on-year to ₹615.78 crore, driven by a diversified portfolio and new business revenues, despite challenges in the advertising market.
- 01Consolidated net loss widened to ₹29.61 crore in Q4 FY26.
- 02Revenue from operations increased by 9.7% to ₹615.78 crore.
- 03EBITDA for the quarter stood at ₹30 crore with a margin of 4.9%.
- 04Network18's advertising inventory grew 4.5% despite a 10% industry decline.
- 05The company reached over 2,305 million people monthly, leading in viewership.
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Network18 Media & Investments Ltd, a subsidiary of Reliance Industries Ltd led by billionaire Mukesh Ambani, reported a consolidated net loss of ₹29.61 crore for the quarter ending March 31, 2026, compared to a loss of ₹29.09 crore in the same quarter last year. Despite the loss, the company's consolidated revenue from operations rose by 9.7% year-on-year to ₹615.78 crore, attributed to a diversified portfolio and revenue from new business ventures. The company reported an EBITDA of ₹30 crore with a margin of 4.9%. Total expenses increased by 6.47% to ₹670.89 crore during the quarter. Network18's advertising inventory grew by 4.5%, contrasting with a 10% decline in demand across the TV news industry, highlighting the company's resilience in a challenging advertising environment. For the fiscal year 2026, Network18's total consolidated income was ₹2,148.46 crore, and it continues to lead India's TV news network, reaching over 2,305 million viewers monthly, significantly surpassing its nearest competitor. Chairman Adil Zainulbhai expressed optimism about the company's performance amid global challenges and emphasized the focus on strengthening the core news business while expanding into adjacent markets.
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The widening loss indicates potential challenges in profitability for Network18, which may affect its investment in new projects and operational expansion, impacting employees and stakeholders.
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