Network18 Reports Q2 Consolidated Profit of Rs 52.96 Crore

Consolidated revenue stood at Rs 544.67 crore with a net profit of Rs 52.96 crore.
Reader Takeaway: Consolidated profit shows year-on-year growth, though standalone operations remain loss-making as restructuring via amalgamation continues.

What just happened

Network18 Media & Investments Limited announced its unaudited financial results for the quarter ended 30th September 2026. On a consolidated basis, the firm reported revenue from operations of Rs 544.67 crore, reflecting growth from the Rs 497.81 crore reported in the same quarter last year. The consolidated net profit rose to Rs 52.96 crore compared to Rs 41.25 crore in the corresponding quarter of the previous year.

Why this matters

The company is currently undergoing structural changes. The Hon'ble NCLT, Mumbai Bench, has sanctioned the amalgamation of News18 Marathi Private Limited into Network18. This integration, expected to be effective upon the fulfillment of all conditions, impacts the comparability of financial figures with previous periods. For investors, the focus remains on the consolidated group's ability to maintain margin growth while navigating standalone loss segments.

Standalone Performance

The standalone operations reported revenue of Rs 458.30 crore for the quarter, a decline from the Rs 477.18 crore recorded in Q2 September 2025. However, the company successfully narrowed its standalone net loss to Rs 63.04 crore, an improvement over the Rs 70.12 crore loss posted in the same quarter last year.

Governance and Operations

The board meeting held on 30th October 2026 reviewed these results under the guidance of Statutory Auditors Deloitte Haskins & Sells LLP. The company continues to operate under the single reportable segment of 'Media Operations' as defined by Ind AS 108. Investors should watch for the official effective date of the News18 Marathi merger, which will mark a significant milestone in the company's organizational consolidation.