Network18 Reports Q4 FY26 Results, Highlights 4.7% YoY Revenue Growth and Digital Dominance
Mumbai, April 18, 2026 - Network18 Media & Investments Limited today announced its consolidated results for the quarter and financial year ended March 31, 2026.The company reported that consolidated operating revenue for the quarter reached Rs. 616 crores, marking a 9.7% year-over-year (YoY) increase, despite macroeconomic headwinds. For the full fiscal year FY26, consolidated operating revenue grew by 4.7% YoY to Rs. 2,121 crores. Consolidated operating costs grew by 8.0% YoY, resulting in consolidated operating EBITDA of Rs. 30 crore for the quarter, or 4.9% of revenue.
For the full financial year FY2025-26, consolidated revenue increased by 4.7% YoY to Rs. 2,121 crores. The company noted that its strong diversified portfolio and revenue from new businesses helped cushion the impact of the generally weak advertising environment, where the TV News industry saw a 10%+ YoY decline. In contrast, Network18's TV ad inventory consumption grew 4.5% YoY.
Financial Performance Summary
The financial metrics for the consolidated entity show the following comparison:| Metric (Rs cr) | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 | YoY Growth (FY) |
|---|---|---|---|---|---|---|
| Consolidated Operating Revenue | 616 | 539 | 561 | 2,121 | 2,026 | 4.7% |
| Consolidated Operating Expense | 585 | 530 | 542 | 2,077 | 1,982 | 4.8% |
| Consolidated Operating EBITDA | 30 | 10 | 19 | 44 | 44 | -1.0% |
| Operating EBITDA Margin | 4.9% | 1.8% | 3.4% | 2.1% | 2.2% | - |
The company also highlighted a reported standalone consolidated revenue of 1,978.2 crore for the year ended March 31, 2026, compared to 1,913.0 crore in the previous year.
Market Leadership and Digital Growth
Network18 affirmed its leadership position across key media verticals.Television News:
Network18 remains the nation's top news network, operating the largest TV news portfolio with 20 channels, including 14 regional channels. Its all-India viewership share increased by 50 basis points (bps) YoY to 13.8%. The network maintains leadership in key market segments, including CNBC-TV18 (the #1 business channel), News18 India (the #1 Hindi news channel), and CNNNews18 (the #1 English news channel). Strong performance was also observed in regional markets like Marathi (28.0% share) and Kannada (22.5% share).
Digital Ecosystem:
The company solidifies its position as India's number one digital news/information network. Its diverse platform portfolio reaches consumers across multiple segments. Network18 registered over 17.5 billion video views during the quarter and over 65 billion during the year on YouTube, which is more than double the nearest competitor's views, underscoring its status as the largest news network on YouTube. Its social presence expanded to over 450 million followers.
New Business Verticals:
The scale-up of new businesses was noted as a significant contributor to the revenue growth.
- Moneycontrol: The platform remains India's largest digital news subscription platform with over 1 million paid subscribers through Moneycontrol Pro. The fintech business maintained strong momentum, expanding its product coverage to include secured lending with Gold Loans and LAMF (Loans Against Mutual Funds).
- News18.com: The platform, powered by a large editorial team, delivers expansive national and hyperlocal coverage. It launched 'Ask AI' for AI-driven search results and introduced an AI Agent for generating real-time cricket commentary.
- Creator18: In less than a year of operation, Creator18 built a network of content creators, working with more than 1,000 creators on a non-exclusive basis.
Corporate Updates and Restructuring
The company also announced key operational developments:- News18 Marathi Merger: News18 Marathi Private Limited, a wholly owned subsidiary, will merge with Network18 through a scheme of amalgamation, aiming to streamline the corporate structure.
- CNBC TV18 Refresh: CNBC TV18 unveiled a refreshed brand identity at the 21st India Business Leader Awards (IBLA), replacing its iconic peacock logo with a new identity symbolizing growth and forward movement.
- New Regional Coverage: Network18 strengthened its focus on hyperlocal journalism with the launch of dedicated news coverage for the Delhi-NCR region via the channel News18 Delhi-NCR/Jammu/Kashmir.
NETWORK18 Stock Price Movement
On Friday, Network18 Media & Investments Limited shares edged higher to close at ₹36.36, recording a gain of 2.02% or ₹0.72. The stock saw notable activity, with total traded volume reaching 5.08 million shares.Source:
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