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Business Standard
6 days ago
- Business
- Business Standard
Network 18 Media gains on reporting turnaround PAT of Rs 516 crore in Q1
Network 18 Media & Investments jumped 12.05% to Rs 62.59 after the company reported a standalone net profit of Rs 516.17 crore in Q1 FY26 as against a net loss of Rs 74.65 crore posted in Q1 FY25. However, revenue from operations tanked 4.9% year-on-year (YoY) to Rs 430.40 crore in the quarter ended 30 June 2025. The company reported a pre-tax loss of Rs 70.8 crore in Q1 FY26 as against a pre-tax loss of Rs 74.6 crore reported in the same period a year ago. The firm reported exceptional items of Rs 587 crore during the quarter. Total expenses declined 4.25% to Rs 509.7 crore in Q1 FY26 as against Rs 532.3 crore posted in the corresponding quarter of the previous year. Marketing, distribution and promotional expenses stood at Rs 101.4 crore (down 5.41% YoY) and operational costs stood at Rs 81.7 crore (down 4.58% YoY) during the period under review. During the quarter, the companys new business operating revenue declined 4.9% to Rs 430 crore, compared to Rs 453 crore reported in Q1 FY25. The new business operating EBITDA jumped 68.5% YoY to Rs 4 crore in Q1 FY26. The operating EBITDA margin was at 1% in Q1 FY26, up from 0.5% in Q1 FY25. The advertising environment for the news business remained soft amid weak consumer demand and a sports-heavy quarter, with TV news ad inventory consumption declining by more than 20% YoY. Advertising inventory consumption for the TV news industry declined by more than 20% YoY, highlighting the challenges faced by the segment. Despite the dual impact of a weak ad environment and high base, Network18 displayed resilient performance on the back of its strong operating position, with operating revenue down by only 5% compared with Q1FY24, which also did not have any significant revenue linked to elections; revenue is up 9%. In view of the soft revenue conditions, the company maintained a tight control on expenses as operating costs declined by 5% YoY during the quarter. Adil Zainulbhai, Chairman of Network18, said, Another quarter of strong operating performance, however, persisting macroeconomic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavor to continue diversifying our business and building new avenues of growth. On the digital front, Network18 achieved a significant milestone by becoming the number one digital news network in India in terms of reach, boasting a monthly reach of over 300 million across native and social platforms. The group continues to be the largest TV news network, with viewership share increasing by 220 basis points year-on-year. The growth has been primarily driven by strong performance in regional markets. Network18 Media & Investments (Network18 Group) is a diversified media and entertainment (M&E) conglomerate with interests across television, digital content, filmed entertainment, e-commerce, print and allied businesses. TV18 Broadcast, a subsidiary of Network18, manages its primary business of broadcasting. It runs the largest news network in India, spanning business news general news, and regional news.
Economic Times
6 days ago
- Business
- Economic Times
Network18 Media shares rally 13% after co turns profitable in Q1
Shares of Network18 Media jumped 13.5% on Wednesday, hitting an intraday high of Rs 63.51 apiece on the BSE, after the company reported a turnaround to profitability in the June quarter. It posted a net profit of Rs 516 crore, driven primarily by an exceptional gain. ADVERTISEMENT For the June 2025 quarter, Network18 reported revenue from operations of Rs 430 crore, a 5% year-on-year (YoY) decline. The company posted a net profit of Rs 516 crore, largely due to an exceptional item of Rs 537.97 crore. In comparison, the company posted a net loss of Rs 80.85 crore in the corresponding quarter of the last financial year. Mr. Adil Zainulbhai, Chairman of Network18, commented on the results, 'Another quarter of strong operating performance; however, persisting macro-economic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavour to continue diversifying our business and build new avenues of growth.' From a technical standpoint, Network18 is showing strength, trading above all 8 key simple moving averages (SMAs) — from the short-term 5-day SMA to the long-term 200-day SMA. This suggests positive momentum across multiple timeframes. The 14-day Relative Strength Index (RSI) is at 51.5, indicating the stock is neither overbought (above 70) nor oversold (below 30), signalling a balanced position. Also read: Silver jumps 30% in 2025 so far: Will it reach Rs 2 lakh or correct soon? ADVERTISEMENT The stock's 52-week high stands at Rs 106.01, while the 52-week low is Rs 39.55, showing a wide trading range over the past year.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
6 days ago
- Business
- Time of India
Network18 Media shares rally 13% after co turns profitable in Q1
Quarterly Performance Highlights Management Commentary: Prices and Technical Analysis Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Network18 Media jumped 13.5% on Wednesday, hitting an intraday high of Rs 63.51 apiece on the BSE, after the company reported a turnaround to profitability in the June quarter. It posted a net profit of Rs 516 crore, driven primarily by an exceptional the June 2025 quarter, Network18 reported revenue from operations of Rs 430 crore, a 5% year-on-year (YoY) decline. The company posted a net profit of Rs 516 crore, largely due to an exceptional item of Rs 537.97 crore. In comparison, the company posted a net loss of Rs 80.85 crore in the corresponding quarter of the last financial Adil Zainulbhai, Chairman of Network18, commented on the results, 'Another quarter of strong operating performance; however, persisting macro-economic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavour to continue diversifying our business and build new avenues of growth.'From a technical standpoint, Network18 is showing strength, trading above all 8 key simple moving averages (SMAs) — from the short-term 5-day SMA to the long-term 200-day SMA. This suggests positive momentum across multiple 14-day Relative Strength Index (RSI) is at 51.5, indicating the stock is neither overbought (above 70) nor oversold (below 30), signalling a balanced read: Silver jumps 30% in 2025 so far: Will it reach Rs 2 lakh or correct soon? The stock's 52-week high stands at Rs 106.01, while the 52-week low is Rs 39.55, showing a wide trading range over the past year.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
News18
6 days ago
- Business
- News18
Network18 Shares Rise 12% As June Quarter EBITDA Jumps 69%
Network18 shares led the gains in Nifty Media index on July 16 as it surged 1%. Network 18 Media & Investments Ltd shares rose 12% on July 16 after the media firm reported strong June quarter results, led by its strong performance in its digital and TV segments. Net profit, after exceptional items, stood at Rs 516 crore in the fiscal first quarter. June quarter EBITDA increased by 69 percent and operating margin expanded to 1 percent from 0.5 percent in the year earlier, the company said. At 10:26 am on July 16, Network18 shares were trading 12.3% higher at Rs 62.56 apiece. Network18 shares led the gains in Nifty Media index on July 16 as it surged 1% to trade at 1,755. Revenue for the June quarter declined from a year earlier as the base quarter had a healthy contribution of election-linked advertising. Further, ad environment for the genre continued to be soft due to weak consumer demand and a sports-packed quarter, the company said in a stock exchange filing. Despite the dual impact of weak ad environment and high base, Network18 displayed resilient performance on the back of its strong operating position, with news business operating revenue down by only 4.9 percent. Compared with the first quarter of FY24, which also did not have any significant revenue linked to elections, revenue is up 9 percent, added the company. 'Another quarter of strong operating performance, however, persisting macro-economic headwinds meant that it did not translate into a commensurate financial performance. Our steady progress across operating metrics over the last few quarters is a testimony to our vision for the business and the strategic execution of our plans. Our new product launches highlight our forward-looking approach and our endeavor to continue diversifying our business and build new avenues of growth," said Adil Zainulbhai, Chairman of Network18. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
