Outcome of Board Meeting

Networkm] 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 & 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Outcome of the Board Meeting We inform you that the Board of Directors of the Company at its meeting held today i.e. July 15, 2026, has inter-alia approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. We enclose herewith the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026, along with the Limited Review Reports of the Statutory Auditors. The Meeting of the Board of Directors commenced at 3:30 p.m. and concluded at 05:05 p.m. The Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026, as approved by the Board, will also be 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 Network : NETWORK18 MEDIA & INVESTMENTS LIMITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 301 H JUNE, 2026 (ii!: in crore, except per share data and ratios) Year Ended Particulars Quarter Ended (Unaudited) (Audited) 301 " Jun'26 31st Mar'26 30th Jun'25 31"' Mar'26 1 Income Value of Sales and Services 552.17 640.18 505.33 2,287.23 Goods and Services Tax included in above 76.89 93.11 74.93 332.16 Revenue from Operations 475,28 547,07 430.40 1,955.07 Other Income 3.05 (0.11) 8.49 23.13 Total Income 478.33 546.96 438.89 1,978.20 2 Expenses Operational Costs 85.83 133.77 81.71 427.06 Marketing, Distribution and Promotional Expense 122.06 138.96 101.43 475.89 Employee Benefits Expense 198.54 187.88 180.93 765.95 Finance Costs 56.65 53.75 52.25 204.59 Depreciation and Amortisation Expense 28.63 29.17 31.26 121.68 Other Expenses 64.54 64.19 62.15 240.56 Total Expenses 566.25 607.72 509.73 2,235.73 3 Profit/ (Loss) before exceptional Items and tax (1-2) (77.92) (60.76) (70.84) (257.53) 4 Exceptional items (11.75) 587.01 523.46 5 Profit/ (Loss) Before Tax (3 + 4) (77.92) (72.51) 516.17 265.93 6 Tax Expense . . . . Current Tax Deferred Tax . . - . . . . . Total Tax Expense 7 Profit/ (Loss) for the Period/ Year 15 -6) (77.921 (72.51) 516.17 265.93 8 Other Comprehensive Income Items that will not be reclassified lo Profit or loss 28.61 19.42 21.80 40.72 9 Total Comprehensive Income for the Period/ Year (49.31) (53.09) 537.97 306.65 (7 +8) 10 Earnings per Equity Share (Face Value of ii!: 5 each) • Basic and Diluted (in ii!:) -Before Exceptional Items (0.51) (0.39) (0.46) (1.67) Basic and DDuted (in ii!:) -After Exceptional Items (0.51) (0.47) 3.35 1.72 11 Paid up Equity Share Capital, Equity Shares of'( 5 each 771.00 771.00 771.00 771.00 12 Other Equity excluding Revaluation Reserve 4,187.65 13 Net Worth (Including Retained Earnings) 5,353.68 5,428.58 5,622.62 5,428.58 Ratios 14 Debt Service Coverage Ratio • (0.46) (0.21) (0.45) (0.35) 15 Interest Service CoveraQe Ratio • (0.46) (0.21) (0.45) (0.35) 16 Debt Equity Ratio 0.63 0.63 0.55 0.63 17 Current Ratio 0.20 0.23 0.21 0.23 . . . . 18 Long Term Debi to Working Capital 19 Bad Debts to Account Receivable Ratio• . . . - 20 Current Uabllity Ratio 0.93 0.93 0.93 0.93 21 Tota! Debl to Total Assets 0.35 0.35 0.32 0.35 22 Debtors Tumover • 0.75 0.80 0.68 2.99 23 lnvenlory Tumover • . . - . 24 Ooeraling Margin Percent• 0.91% 4.07% 0.97% 2.33% 25 Net Profit Margin Percent • (16.29%) (11.11%) (16.14%) (13.02%) Nol Annualised for lhe intenm penodJ; Excluding Exceptional Items Networkm] NETWORK18 MEDIA & INVESTMENTS LIMITED NOTES TO THE STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 a The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and it's release at their respective meetings held on 15th July, 2026.The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. b Formulae for computation of ratios are as follows - i Debt Service Coverage Ratio Earnings before Interest. Tax and Exceptional items Interest Expense + Principal Repayments made during the period for long term loans Interest Service Coverage Ratio = Earnings before Interest, Tax and Exceptional items Interest Expense iii Debt Equity Ratio Total Debt {Non-Current Borrowings+ Current Borrowings) Total Equity iv Current Ratio = Current Assets Current Liabilities v Long Tenn Debt to Working Capital = Non-Current Borrowings (includng Current maturities of Non-Current Borrowings) Curren! Assels Less Current Llabilllies (excluding Current maturities of Non-Current Borrowings) vi Bad Debts to Account Receivable Ratio = Bad Debts Average Trade Receivables vii Current Liability Ratio = Current Liabilities Total Liabilities viii Total Debt to Total Assets = Total Debt (Non-Current Borrowings + Current Borrowings) Total Assets ix Debtors Turnover = Revenue from Operations Average Trade Receivables x Inventory Turnover = Cost of Materials Consumed Average Inventories of Goods xi Operating Margin Percent EBITDA Less Other Income Revenue from Operations ( EBITDA represents Profit/ (Loss) before Exceptional Items, Finance Cost, Tax, Depreciation and Amortisation Expenses) xii Net Profit Margin Percent Profit/ (Lossl after Tax and before Exceptional Items Total Income Networkm] NETWORK18 MEDIA & INVESTMENTS LIMITED NOTES TO THE STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 TH JUNE, 2026 (Continued) c The Company operates in a single reportable operating segment 'Media Operations'. Hence there are no separate reportable segments as per Ind AS 106 'Operating Segments'. d The Government of India implemented four new Labour Codes ("Codes"), including the Code on Wages, 2019, with effect from 21st November 2025. The Company had carried out actuarial valuation considering uniform definition of "wages" as per the Codes on Wages and recorded additional obligation on' 11. 75 crore and ~ 31.30 crore which was disclosed as an exceptional item in the results for the quarter and year ended 31st March 2026 respectively. e Eenadu Television Private limited ("ETPL") ceased lo be an associate of lhe Company w.e.f. 7th July 2025 pursuant lo assignment of the voting rights on the 24.5% equity holding in ETPL to the promoter of ETPL. Exceptional item of~ 587.01 crore during the quarter ended 30th June 2025 represents, excess of fair value of investment in ETPL over carrying value. The figures of the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year and the published year-lo-dale figures up to the third quarter of the financial year ended 31st March, 2026. g The figures for the corresponding previous periods have been regrouped, wherever necessary, lo make them comparable. For and on behalf of Board of Directors Network18 Media & Investments Limited Chairman Date : 15th July 2026 NETWORK18 MEDIA & INVESTMENTS LIMITED CIN: L65910MH1996PLC280969 Regd. Office: First Floor, Empire Complex, 414, Senapati Bapat Marg, Lower Parel, Mumbai, 400013. Tel: +91 22 6666 7777 / 4001 9000 Web: www.nw18.com Email: investors.n18@nw18.com Deloitte Chartered Accountants One International Center, Haskins & Sells LLP Tower 3, 31st Floor, Senapati Bapat Marg Elphinstone Road (West) Mumbai -400 013 Maharashtra, India Tel: +91 22 6185 6000 Fax: +91 22 6185 4101 INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF NETWORK18 MEDIA & INVESTMENTS LIMITED 1. We have rev [Showing first 8,000 characters — download PDF for full document]