NSEPress Release1d ago · 30 Oct 2026, 10:59 am
Press Release
Network18 Media & Investments Limited · NETWORK18
✦ AI Summary▲ PositiveResults
Network18 Media & Investments Limited has announced its unaudited financial results for the quarter ended September 30, 2026, with a 9.4% YoY growth in consolidated operating revenue to Rs. 545 crores. The company's diversified business and strong positions across markets have helped it maintain revenue momentum despite a challenging period for the industry.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Network18 Media & Investments Limited has informed the Exchange regarding a press release dated October 30, 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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30th October, 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 and half year ended 30th September, 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: Q2 FY2026-27
Mumbai, 30th October, 2026 – Network18 Media & Investments Limited today announced its
results for the quarter ended September 30, 2026.
• Consolidated operating revenue grew 9.4% to Rs. 545 crores during the quarter;
advertising inventory demand for the TV news industry declined by ~13% YoY
• H1 consolidated revenue up by ~10% to Rs. 1,061 crores
• Network18 continued to be the #1 digital news/information network in India with a
monthly reach of 330mn+
• Network18 maintains a clear dominance as the biggest news network on Youtube
with ~2x video views of the nearest competitor
• Moneycontrol Pro continues to be India’s #1 subscription-based financial
intelligence platform with over 1 million paid subscribers; Other digital products –
Firstpost, MC Super Pro, CNBCTV18, News18 continue to see strong traction
• TV ratings continue to be suspended over the issue of BARC’s license renewal
under the Television Ratings Policy, 2026
• Merger of News18 Marathi with Network18 approved by NCLT; to become effective
post regulatory approval
Financial Performance*
*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), History TV18 (AETN18, subsidiary) and
content studio (Colosceum, subsidiary).
• Consolidated operating revenue for the quarter increased by 9.4% YoY to Rs. 545 crores.
Advertising inventory consumption for the news genre declined by ~13% as corporate
spends continued to be impacted by the West Asia conflict, weak monsoon and television
ratings blackout, while demand for government-linked advertising (Centre and State
government campaigns, PSUs, spends by political parties) was strong for the second
consecutive quarter. Growth in Company’s revenue was primarily driven by its content
studio subsidiary as advertising growth was subdued. Connected TV continued to be a
bright spot, showing robust growth as an emerging revenue stream. Company’s diversified
business and strong positions across markets have helped it maintain revenue momentum
even during a challenging period for the industry.
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Highlights
Network18 maintains its status as the #1 digital news network of the country; highest
reach across digital ecosystem with a clear leadership on social platforms
Network18 continued to be the #1 reach digital news/information network in terms of Total
Digital Population (including Social platforms) with 330mn1 monthly users, representing 68%
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.
• Off-platform reach and engagement metrics of Network18 continued to strengthen its
credentials as India’s #1 news network, across social platforms. The network recorded over
15 billion video views on Youtube (+17% YoY) during the quarter, ~2x2 of the nearest
competitor. Combined with the other big 3rd party platform, Facebook, views grew 30% YoY,
reflecting a strong growth in social video consumption. Total social footprint of the network
crossed 470 million followers, highlighting the scale of reach and influence. News18 India,
CNN-News18, CNBC-TV18 and CNBC Awaaz retained their #1 positions in their respective
YouTube categories throughout the quarter. 8 of our regional brands were also leaders in
their respective markets. Connected TV engagement grew 27% YoY, with genre leading
average concurrent viewers during prime-time across multiple channels. Network18
reinforced its leadership in digital news segment through scale, audience growth and
platform dominance across YouTube, CTV and other social platforms.
• 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. Time-Spent and
Page Views of the platform were 3x compared to the nearest competitor, highlighting its
industry-leading engagement metrics. In line with its continued approach of adding new
product features to offer more value to its users, the platform launched ‘Corp Lens’, which
provides access to financials of unlisted companies. Another new feature, ‘Stock Note’,
enables users to journal their observations on the stock page. Subscription products,
Moneycontrol Pro and Moneycontrol Super Pro, continued to see good traction, with Pro
retaining leadership as the most subscribed financial news platform with over 1 million
users. Moneycontrol’s fintech business maintained strong momentum during the quarter,
1Source: Comscore Total Digital Population Report, Sep’26
2Source: Data from public sources (Playboard, Social Blade) for the period Jul’26-Sep’26
Network18 Q2FY27 Investor Update – 30th October, 2026
Page | 2
with secured and unsecured lending seeing strong growth on the platform, driven by
expanded partnerships, stronger conversion funnel and improved organic acquisition.
• News18.com saw improvement in consumer engagement as average session duration
increased by 7%. The platform launched a dedicated section for tracking Commonwealth
and Asian Games 2026, delivering an immersive experience with live updates, medal tallies
and interactive coverage. Autoplay video previews for stories on homepage led to increase
in content engagement and CTRs. New AI-powered experience FAQs, topic timelines, and
data visualizations across articles, increased news consumption and enhanced user
experience. ‘Compare India’ was revived as a consumer discovery platform for users to find
latest products, and integration with e-commerce platforms added a monetisation
layer. 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 nearing 10 million. Firstpost ranked #2 globally in live news segment and
#4 in terms of total YouTube views. Firstpost’s social ecosystem reached 700 million+
views, supported by a subscriber base of 21.5 million. The platform added new content like
The Revolutionary, a YouTube series exploring legacy of history’s changemakers and
Flaunt, an editorial section covering luxury segments like travel, auto, watches, lifestyle, and
home interiors.
Viewership ratings data continues to be suspended for the television industry
• Television ratings data has been suspended for over 6 months for th
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