Network18 Reports Q3 FY26 Financial Results and Strategic Updates
Filing Summary
Network18 Media & Investments Ltd released its Q3 FY26 financial results, reporting a 5% year-on-year increase in operating revenue for its news business, reaching Rs. 500 crores. The company maintained its position as the leading news network in India, with a TV viewership share of 14.2% and a significant digital presence. Network18 renewed its partnership with CNN International for 10 years and expanded its Creator18 vertical. The company also reported a standalone loss of Rs. 107.6 crores before tax, impacted by exceptional items, including an impairment charge related to IBN Lokmat News Private Limited.
Network18 Media & Investments Ltd has announced its financial results for the quarter ended December 31, 2025. The company reported a 5% year-on-year increase in operating revenue for its news business, totaling Rs. 500 crores. Despite a challenging advertising environment, Network18 maintained its position as the leading news network in India, with a TV viewership share of 14.2% and a digital reach of approximately 300 million monthly users.
For the quarter, Network18’s standalone financial performance showed a total income of Rs. 513.6 crores, with revenue from operations at Rs. 500.4 crores. The company reported a standalone loss before tax of Rs. 107.6 crores, influenced by exceptional items. These items included an impairment charge of Rs. 32.25 crores related to IBN Lokmat News Private Limited and an additional obligation of Rs. 19.55 crores due to the implementation of new Labour Codes by the Government of India.
Network18’s operational highlights include its continued leadership in the TV news sector, with a portfolio of 20 channels across multiple languages. The company also reported significant growth in its digital news network, with its YouTube channels garnering over 16 billion video views during the quarter. Additionally, Network18 renewed its partnership with CNN International for another 10 years, enhancing its strategic digital presence globally.
The company’s timeline for the quarter included the acquisition of equity shares, preference shares, and debentures of IBN Lokmat News Private Limited on October 29, 2025, making it a wholly owned subsidiary. The implementation of the new Labour Codes took effect on November 21, 2025, impacting the company’s financial obligations.
Network18’s strategic partners include CNN International, with whom it has renewed a partnership to extend its digital footprint globally. The company also works with various creators through its Creator18 vertical, which now includes more than 60 creators on an exclusive basis, enhancing its advertising reach.
In the context of the media industry, Network18’s performance underscores its resilience amidst a challenging advertising environment. The company’s diversified portfolio across languages and platforms has helped it maintain its market position. The renewal of its partnership with CNN International and the expansion of its Creator18 vertical are strategic moves to strengthen its market presence.
Network18 Media & Investments Ltd is a leading media and entertainment company in India, with a strong presence in television and digital news. The company focuses on delivering comprehensive news coverage across multiple platforms, maintaining its position as the premier news destination in the country.