NSEPress Release6d ago · 15 Jul 2026, 06:23 pm
Press Release
Network18 Media & Investments Limited · NETWORK18
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Network18 Media & Investments Limited has announced its unaudited financial results for the quarter ended June 30, 2026, with a 10% YoY growth in consolidated operating revenue to Rs. 516 crores.
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Growth Catalyst6/10
Governance Concern1/10
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Market Sentiment8/10
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Full Announcement
Network18 Media & Investments Limited has informed the Exchange regarding a press release dated July 15, 2026, titled "Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Investors Update".
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July 15, 2026
National Stock Exchange of India Limited BSE Limited
Trading Symbol: NETWORK18 SCRIP CODE: 532798
Through: NEAPS Through: BSE Listing Centre
Dear Sirs,
Sub: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 – Investors’ Update
We enclose herewith Investors’ Update on the Unaudited Financial Results (Standalone and
Consolidated) for the quarter ended June 30, 2026 released by the Company.
The Investors’ Update is also available on the Company’s website at
https://www.nw18.com/network18/finance.
For Network18 Media & Investments Limited
Shweta Gupta
Company Secretary & Compliance Officer
Encl: as above
Network18 Media & Investments Limited
(CIN - L65910MH1996PLC280969)
Regd. office: First Floor, Empire Complex, 414- Senapati Bapat Marg, Lower Parel, Mumbai-400013
T: +91 22 40019000 / 66667777 W: www.nw18.com E: investors.n18@nw18.com
EARNINGS RELEASE: Q1 FY2026-27
Mumbai, 15th July, 2026 – Network18 Media & Investments Limited today announced its
results for the quarter ended June 30, 2026.
• Consolidated operating revenue for the quarter grew 10% YoY to Rs. 516 crores
• Advertising business delivered a strong performance during the multiple state
elections, garnering a significant share of advertising spends during the period
• Network18’s ad inventory consumption grew 10% YoY compared to only 3% for the
industry, highlighting the strong positions of the network, across markets
• Network18 continued to be the #1 digital news/information network in India with a
monthly reach of 350mn+1
• Network18 maintains clear dominance as the biggest news network on Youtube
with 1.5x+2 video views of the nearest competitor
Financial Performance*
R s c r
o n s o
o n s o
o n s o
O p e
r a t
t in
t in
t in
e v e
x p e
B IT
Q 1 F
1 .5
2 7 Q 4 F
Q 1 F
0 .9
2 6 Y o Y
1 0 .3 %
9 .7 %
8 0 .3 %
*Numbers are for Network18 Consolidated entity which includes Marathi news channel (News18 Marathi, subsidiary from 29th
Oct’25 onwards), Fintech business (Moneycontrol Dot Com India Limited, subsidiary), and History TV18 (AETN18, subsidiary).
• Consolidated operating revenue for the quarter increased by 10.3% YoY to Rs. 516 crores.
The network delivered a strong advertising revenue growth during the elections held in
states like West Bengal and Tamil Nadu. While the demand for government advertising
(Centre and State government campaigns, spends by political parties, PSUs) rose sharply
for the industry, non-govt. advertising inventory declined by over 10% YoY. Corporate
spends were impacted by the West Asia conflict and the forecast of a weak monsoon.
Network18’s non-govt. inventory consumption grew ~2%, helping the Company perform
better than the industry. Network18 also saw a strong uptick in monetisation on Connected
TV screens, which is emerging as an important revenue stream. Company’s diversified
portfolio and strong positions across markets have helped it maintain revenue momentum
even during a period when viewership ratings have been unavailable.
• Growth in operating costs was primarily on account of annual increments cycle completed
during the first quarter this year compared to second quarter last year. Other operating costs
1Source: Comscore Total Digital Population Report, May’26
2Source: Data from public sources (Playboard, Social Blade) for the period Apr’26-Jun’26
grew moderately and EBITDA remained flattish mainly due to the impact of increase in
employee costs not present in the base.
Highlights
Network18 continues to be India’s #1 digital news network with highest reach across
digital ecosystem and a clear leadership on social platforms, including Youtube
Network18 continued to be the #1 reach digital news/information network in terms of Total
Digital Population (including on Social platforms) with ~360mn3 monthly users, representing
76% reach in the segment. Network18’s diverse portfolio of platforms - Moneycontrol, News18,
Firstpost and CNBCTV18 - makes it one of the leading digital news publishers in India for
consumers looking for news across genres.
• Network18’s off-platform reach and engagement continued to top the charts as it
maintained its status as India’s #1 news network across social platforms. It recorded over
6 billion video views on Youtube in the month of June, ~2x of the nearest competitor. Reach
and engagement on Connected TVs continued to grow exponentially, highlighting the
traction of the network on large screens. 360o coverage of multiple state elections was one
of the key growth drivers of consumption, as Network18 reinforced its leadership across
Hindi, English, and regional news on social platforms. On the day of elections results,
News18 India, CNN-News18 and News18 Bangla dominated their respective markets,
recording highest peak concurrencies or average live concurrent viewers. 15 of Network18
channels ranked #1 in their respective categories in June 2026, including CNBC Awaaz,
Moneycontrol, and multiple Hindi and regional news brands. Total views across social
platforms crossed 32 billion during the quarter, up 31% QoQ and social footprint crossed
472 million followers.
• Moneycontrol continues to be India’s leading financial intelligence platform with
comprehensive news coverage, analysis and expert opinions on economy, businesses,
capital markets, complemented by cutting-edge tools for investors/traders which help drive
industry leading engagement metrics. The platform had more than 3x Time-Spent and 2x
Page Views compared to the nearest competitor. Moneycontrol Pro maintains its status as
India’s largest digital news subscription platform with more than 1 million paid subscribers.
It continues to add new product features to offer more value to its subscribers. In line with
the same approach, it added ‘Portfolio X Ray’, which enables an in-depth analysis of
3Source: Comscore Total Digital Population Report, May’26
Network18 Q1FY27 Investor Update – 15th July, 2026
Page | 2
portfolio of stocks. The feature categorises all the stocks in a portfolio in terms of valuation
ratings (Attractive, Reasonable, Expensive) and highlights any red flags that a stock in the
portfolio may have, with an objective of providing Pro users with crisp analysis and clear
actionable insights. Super Pro, the AI-powered premium subscription service that offers
access to SEBI-registered Research Analysts, provides structured investment and trading
advice across asset classes. The product continues to see a good subscriber addition and
renewal rates above industry benchmarks. Moneycontrol’s fintech business maintained
strong momentum during the quarter, driven by advanced data modelling that improved
quality of leads, approval rates, and click-through rates. Partner network for secured lending
(Gold Loans, LAMF) expanded to include Muthoot Finance, Muthoot Fincorp, Rupeek, and
DSP Finance.
• News18.com recorded an 8% increase in unique users sequentially and engagement
strengthened as average session length increased by over 10%. During the recently held
state elections, a revamped Election Analytics Centre was launched, featuring constituency-
level insights, live data widgets, shareable result graphics, and AI-powered multilingual
content generation. The feature led to a 2.5x engagement time on homepage. A dedicated
microsite for FIFA World Cup was launched featuring real-time updates, interactive data,
and shareable visual content, creating an immersive football experience. Tech2, the popular
technology centred website, was relaunched with an AI-powered experience, combining
intelligent assistance with editorial expertise. Hyperlocal coverage of Local18 contributed to
nearly a quarter of the overall traffic, highlighting the importance and utility of the platform.
• Firstpost continues to be the leading destination covering important global affairs with an
Indian lens. It has built a strong and loyal audience base on YouTube with the channel’s
subscriber count n
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