| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 545 | 498 | +9.4% |
| EBITDA | 18.7 | −0.5 | — |
| EBITDA margin | 3.4% | −0.1% | +3.5 pts |
| Profit before tax | −54.1 | −79.4 | — |
| Net profit | 53.0 | 41.3 | +28.4% |
| EPS | ₹0.34 | ₹0.27 | +25.9% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 | Q1 FY26Jun 2025 | Q4 FY25Mar 2025 | Q3 FY25Dec 2024 | Q2 FY25Sep 2024 | Q1 FY25Jun 2024 | Q4 FY24Mar 2024 | Q3 FY24Dec 2023 | Earlier quartersAlpha Plus |
|---|
| 545 | 516 | 616 | 539 | 498 | 468 | 561 | 1,361 | 1,825 | 3,141 | 2,419 | 1,774 | Earlier quartersEvery year the company has filed comes with Alpha Plus. | |
| 14.8 | 4.1 | 0.4 | 14.0 | 3.0 | 10.2 | 3.3 | 82.1 | 234 | 151 | 161 | 157 | ||
| 559 | 520 | 616 | 553 | 501 | 478 | 565 | 1,443 | 2,059 | 3,292 | 2,580 | 1,930 | ||
Expenses | |||||||||||||
| 210 | 208 | 197 | 197 | 213 | 186 | 184 | 268 | 341 | 360 | 312 | 339 | ||
| 56.7 | 56.7 | 53.8 | 50.4 | 48.3 | 52.3 | 54.7 | 102 | 170 | 150 | 114 | 73.9 | ||
| 31.0 | 31.1 | 31.7 | 33.2 | 33.6 | 34.1 | 33.1 | 51.9 | 68.6 | 69.7 | 69.4 | 43.2 | ||
| 316 | 300 | 388 | 333 | 285 | 278 | 359 | 1,114 | 1,664 | 2,929 | 2,297 | 1,607 | ||
| 614 | 596 | 671 | 613 | 580 | 550 | 630 | 1,536 | 2,243 | 3,509 | 2,792 | 2,063 | ||
| 18.7 | 7.5 | 30.4 | 9.6 | −0.5 | 4.2 | 19.0 | −21.5 | −179 | −148 | −190 | −172 | ||
| −12.3 | −23.6 | −1.3 | −23.5 | −34.1 | −30.0 | −14.0 | −73.5 | −248 | −218 | −259 | −215 | ||
Profit | |||||||||||||
| −54.1 | −76.1 | −54.7 | −59.8 | −79.4 | −72.1 | −65.5 | −93.1 | −184 | −217 | −212 | −132 | ||
| 0.0 | 0.0 | −12.1 | −20.7 | 0.0 | 151 | −10.1 | −1,426 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| −54.1 | −76.1 | −66.8 | −80.5 | −79.4 | 78.5 | −75.6 | −1,519 | −184 | −217 | −212 | −132 | ||
| 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.1 | 4.5 | 1.2 | −1.2 | 0.4 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.3 | 11.2 | 5.6 | ||
| 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −0.1 | 4.5 | 3.5 | 10.1 | 6.0 | ||
| 107 | 37.7 | 37.2 | 75.3 | 121 | 70.3 | 46.5 | 119 | 36.0 | 23.2 | 15.5 | 30.3 | ||
| 53.0 | −38.4 | −29.6 | −5.3 | 41.3 | 149 | −29.1 | −1,400 | −152 | −198 | −207 | −108 | ||
| −54.2 | −76.1 | −66.8 | −80.5 | −79.4 | 78.5 | −75.6 | −1,519 | −188 | −221 | −222 | −138 | ||
| 0.1 | 30.2 | 21.4 | 1.9 | −3.7 | 23.7 | −26.7 | −17.7 | 66.4 | −9.6 | 3.7 | −4.1 | ||
| 53.1 | −8.2 | −8.3 | −3.4 | 37.6 | 173 | −55.8 | −1,418 | −85.9 | −207 | −203 | −112 | ||
| 51.8 | −38.7 | −30.5 | −6.0 | 40.7 | 148 | −30.3 | −1,435 | −95.8 | −102 | −96.0 | −58.1 | ||
| 1.2 | 0.4 | 0.9 | 0.7 | 0.6 | 0.8 | 1.2 | 35.5 | −56.5 | −95.2 | −111 | −49.8 | ||
Per share | |||||||||||||
| ₹0.34 | −₹0.25 | −₹0.20 | −₹0.04 | ₹0.27 | ₹0.97 | −₹0.20 | −₹9.38 | −₹0.63 | −₹0.99 | −₹0.93 | −₹0.56 | ||
| ₹0.34 | −₹0.25 | −₹0.20 | −₹0.04 | ₹0.27 | ₹0.97 | −₹0.20 | −₹9.38 | −₹0.63 | −₹0.99 | −₹0.93 | −₹0.56 | ||
Other comprehensive income — detail | |||||||||||||
| 0.1 | 30.2 | 21.4 | 1.9 | −3.7 | 23.7 | −26.7 | — | — | — | — | — | ||
| −1.5 | 27.3 | 21.3 | 0.9 | −3.4 | 24.4 | −27.9 | −20.1 | 67.4 | −9.1 | 3.5 | −2.8 | ||
| — | — | — | — | — | — | — | 0.0 | 0.0 | 0.3 | 1.1 | 0.4 | ||
| 1.6 | 2.9 | 0.1 | 1.0 | −0.3 | −0.7 | 1.2 | 2.5 | −1.0 | −0.2 | 1.3 | −0.9 | ||
| 51.9 | −8.5 | −9.2 | −4.0 | 36.9 | 172 | −57.0 | −1,454 | −29.9 | −111 | −93.5 | −63.4 | ||
| 1.2 | 0.3 | 0.9 | 0.6 | 0.7 | 0.8 | 1.2 | 36.1 | −56.0 | −96.5 | −110 | −48.6 | ||
Per share — as-filed variants | |||||||||||||
| ₹0.34 | −₹0.25 | −₹0.20 | −₹0.04 | ₹0.27 | ₹0.97 | −₹0.20 | −₹9.38 | −₹0.63 | −₹0.99 | −₹0.93 | −₹0.56 | ||
| ₹0.34 | −₹0.25 | −₹0.20 | −₹0.04 | ₹0.27 | ₹0.97 | −₹0.20 | −₹9.38 | −₹0.63 | −₹0.99 | −₹0.93 | −₹0.56 | ||
Adjusted (ex-exceptional items) — derived | |||||||||||||
| −54.1 | −76.1 | −54.7 | −59.8 | −79.4 | −72.1 | −65.5 | −93.1 | −184 | −217 | −212 | −132 | ||
| 0.0 | 0.0 | −12.1 | −20.7 | 0.0 | 151 | −10.1 | −1,426 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 53.0 | −38.4 | −17.5 | 15.4 | 41.3 | −1.8 | −19.0 | 25.7 | −152 | −198 | −207 | −108 | ||
| ₹0.34 | −₹0.25 | −₹0.12 | ₹0.12 | ₹0.27 | −₹0.01 | −₹0.13 | ₹0.17 | −₹0.63 | −₹0.99 | −₹0.93 | −₹0.56 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q3 FY24 31/12/2023 | Q4 FY24 31/03/2024 | Q1 FY25 30/06/2024 | Q2 FY25 30/09/2024 | Q3 FY25 31/12/2024 | Q4 FY25 31/03/2025 | Q1 FY26 30/06/2025 | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,773.7 | 2,419.3 | 3,140.9 | 1,825.2 | 1,360.5 | 561.3 | 467.9 | 497.8 | 539.4 | 615.8 | 516.3 | 544.7 | |
| Other Income | 156.7 | 160.8 | 151.2 | 234.2 | 82.1 | 3.3 | 10.2 | 3.0 | 14.0 | 0.4 | 4.1 | 14.8 | |
| Total Income | 1,930.4 | 2,580.1 | 3,292.1 | 2,059.4 | 1,442.6 | 564.6 | 478.0 | 500.8 | 553.4 | 616.2 | 520.4 | 559.5 | |
| Expenses | |||||||||||||
| + Employee Benefit Expense | 338.7 | 311.7 | 360.5 | 341.0 | 267.8 | 183.7 | 185.6 | 213.1 | 196.7 | 197.1 | 208.3 | 209.9 | |
| + Finance Costs | 73.9 | 114.1 | 150.4 | 170.0 | 101.7 | 54.7 | 52.3 | 48.3 | 50.4 | 53.8 | 56.7 | 56.7 | |
| + Depreciation & Amortisation | 43.2 | 69.4 | 69.7 | 68.6 | 51.9 | 33.1 | 34.1 | 33.6 | 33.2 | 31.7 | 31.1 | 31.0 | |
| + Other Expenses | 1,606.8 | 2,297.3 | 2,928.9 | 1,663.6 | 1,114.2 | 358.6 | 278.1 | 285.3 | 333.1 | 388.4 | 300.4 | 316.1 | |
| Total Expenses | 2,062.5 | 2,792.5 | 3,509.5 | 2,243.1 | 1,535.6 | 630.1 | 550.1 | 580.2 | 613.2 | 670.9 | 596.5 | 613.6 | |
| EBITDA | -171.7 | -189.7 | -148.4 | -179.4 | -21.5 | 19.0 | 4.2 | -0.5 | 9.6 | 30.4 | 7.5 | 18.7 | |
| EBIT | -214.9 | -259.1 | -218.2 | -247.9 | -73.5 | -14.0 | -30.0 | -34.1 | -23.5 | -1.3 | -23.6 | -12.3 | |
| Profit | |||||||||||||
| PBT before Exceptional Items | -132.2 | -212.4 | -217.4 | -183.8 | -93.1 | -65.5 | -72.1 | -79.4 | -59.8 | -54.7 | -76.1 | -54.1 | |
| + Exceptional Items | 0.0 | 0.0 | 0.0 | 0.0 | -1,425.7 | -10.1 | 150.6 | 0.0 | -20.7 | -12.1 | 0.0 | 0.0 | |
| Pretax Income | -132.2 | -212.4 | -217.4 | -183.8 | -1,518.8 | -75.6 | 78.5 | -79.4 | -80.5 | -66.8 | -76.1 | -54.1 | |
| + Current Tax | 0.4 | -1.2 | 1.2 | 4.5 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | |
| + Deferred Tax | 5.6 | 11.2 | 2.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Tax Expense | 6.0 | 10.1 | 3.5 | 4.5 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | |
| + Share of Associates & JVs | 30.3 | 15.5 | 23.2 | 36.0 | 118.8 | 46.5 | 70.3 | 120.6 | 75.3 | 37.2 | 37.7 | 107.2 | |
| Net Income | -107.9 | -206.9 | -197.6 | -152.3 | -1,399.9 | -29.1 | 148.9 | 41.3 | -5.3 | -29.6 | -38.4 | 53.0 | |
| + Net Income — Continuing Ops | -138.1 | -222.4 | -220.8 | -188.3 | -1,518.7 | -75.6 | 78.5 | -79.4 | -80.5 | -66.8 | -76.1 | -54.2 | |
| + Other Comprehensive Income | -4.1 | 3.7 | -9.6 | 66.4 | -17.7 | -26.7 | 23.7 | -3.7 | 1.9 | 21.4 | 30.2 | 0.1 | |
| Total Comprehensive Income | -111.9 | -203.3 | -207.2 | -85.9 | -1,417.6 | -55.8 | 172.5 | 37.6 | -3.4 | -8.3 | -8.2 | 53.1 | |
| Net Income to Common | -58.1 | -96.0 | -102.4 | -95.8 | -1,435.5 | -30.3 | 148.0 | 40.7 | -6.0 | -30.5 | -38.7 | 51.8 | |
| Minority Interest | -49.8 | -111.0 | -95.2 | -56.5 | 35.5 | 1.2 | 0.8 | 0.6 | 0.7 | 0.9 | 0.4 | 1.2 | |
| Per Share | |||||||||||||
| Basic EPS | -0.56 | -0.93 | -0.99 | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 | 0.34 | |
| Diluted EPS | -0.56 | -0.93 | -0.99 | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 | 0.34 | |
| Other Comprehensive Income — detail | |||||||||||||
| + Other Comprehensive Income | — | — | — | — | — | -26.7 | 23.7 | -3.7 | 1.9 | 21.4 | 30.2 | 0.1 | |
| + Items NOT to be Reclassified to P&L | -2.8 | 3.5 | -9.1 | 67.4 | -20.1 | -27.9 | 24.4 | -3.4 | 0.9 | 21.3 | 27.3 | -1.5 | |
| + Tax on Items NOT to be Reclassified — alt tag | 0.4 | 1.1 | 0.3 | 0.0 | 0.0 | — | — | — | — | — | — | — | |
| + Items to be Reclassified to P&L | -0.9 | 1.3 | -0.2 | -1.0 | 2.5 | 1.2 | -0.7 | -0.3 | 1.0 | 0.1 | 2.9 | 1.6 | |
| Comprehensive Income — Owners of Parent | -63.4 | -93.5 | -110.7 | -29.9 | -1,453.7 | -57.0 | 171.7 | 36.9 | -4.0 | -9.2 | -8.5 | 51.9 | |
| Comprehensive Income — Non-controlling Interests | -48.6 | -109.8 | -96.5 | -56.0 | 36.1 | 1.2 | 0.8 | 0.7 | 0.6 | 0.9 | 0.3 | 1.2 | |
| Per Share — as-filed variants | |||||||||||||
| Basic EPS — Continuing Operations | -0.56 | -0.93 | -0.99 | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 | 0.34 | |
| Diluted EPS — Continuing Operations | -0.56 | -0.93 | -0.99 | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 | 0.34 | |
| Adjusted (ex-Exceptional Items) — derived | |||||||||||||
| Pretax Income (Adjusted, as filed) | -132.2 | -212.4 | -217.4 | -183.8 | -93.1 | -65.5 | -72.1 | -79.4 | -59.8 | -54.7 | -76.1 | -54.1 | |
| − Exceptional Items (reconciliation) | 0.0 | 0.0 | 0.0 | 0.0 | -1,425.7 | -10.1 | 150.6 | 0.0 | -20.7 | -12.1 | 0.0 | 0.0 | |
| Net Income Adj (tax-effected) | -107.9 | -206.9 | -197.6 | -152.3 | 25.7 | -19.0 | -1.8 | 41.3 | 15.4 | -17.5 | -38.4 | 53.0 | |
| EPS Adj | -0.56 | -0.93 | -0.99 | -0.63 | 0.17 | -0.13 | -0.01 | 0.27 | 0.12 | -0.12 | -0.25 | 0.34 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | |||||||||||||
| Face Value | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | |
| Filed Debt Equity | 1.00 | 1.00 | 1.00 | 1.00 | 59.00 | 59.00 | 0.59 | 0.62 | 0.64 | 0.63 | 0.63 | 0.62 | |
| Filed Dscr | 0.00 | -1.00 | 0.00 | 0.00 | 128.00 | 63.00 | 0.96 | 1.92 | 1.33 | 0.65 | 0.28 | 1.99 | |
| Filed Iscr | 0.00 | -1.00 | 0.00 | 0.00 | 128.00 | 63.00 | 0.96 | 1.92 | 1.33 | 0.65 | 0.28 | 1.99 | |
| Paid Up Equity Capital | 517.7 | 517.7 | 517.7 | 517.7 | 765.2 | 765.2 | 765.2 | 765.2 | 765.2 | 765.2 | 765.2 | 765.2 | |
Filed with NSE on Friday, 30 October 2026 at 10:41 am IST
Network18 Media & Investments (NSE: NETWORK18) reported its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026 at 10:41 am IST. Consolidated net profit attributable to shareholders was ₹51.8 crore, up 27.3% from ₹40.7 crore in Q2 FY26 and against a loss of ₹38.7 crore in Q1 FY27. Revenue from operations was ₹545 crore, up 9.4% year on year and up 5.5% from the previous quarter.
Consolidated net profit attributable to shareholders was ₹51.8 crore, up 27.3% from ₹40.7 crore in Q2 FY26 and against a loss of ₹38.7 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹53 crore.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was −₹12.3 crore, a margin of −2.3%, against −4.6% in Q1 FY27 and −6.8% in Q2 FY26. EBITDA was ₹18.7 crore, 3.4% of revenue.
Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹13.1 crore, down 93.1% from ₹189 crore in the same months a year earlier. Revenue from operations was ₹1,061 crore, up 9.9%.
Revenue from operations was ₹545 crore, up 9.4% year on year and up 5.5% from the previous quarter.
Basic earnings per share were ₹0.34, against ₹0.27 in Q2 FY26.
On Friday, 30 October 2026 at 10:41 am IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 15 October 2025.
Both grew from a year earlier: net profit was up 27.3% at ₹51.8 crore and revenue was up 9.4% at ₹545 crore. The operating margin was −2.3%, up 4.6 percentage points from −6.8% a year earlier.
Network18 Media & Investments' net profit margin was 9.5% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 8.2% in Q2 FY26 (up 1.3 percentage points). For FY26 as a whole it was 7.2%.
Consolidated net profit attributable to shareholders was ₹152 crore in FY26 (April 2025–March 2026), against a loss of ₹1,687 crore in FY25. It was a loss of ₹254 crore in FY24 and a loss of ₹84.3 crore in FY23.
Net profit attributable to shareholders by quarter: a loss of ₹6 crore in Q3 FY26, a loss of ₹30.5 crore in Q4 FY26, a loss of ₹38.7 crore in Q1 FY27 and a profit of ₹51.8 crore in Q2 FY27. That is a combined loss of ₹23.4 crore over the four quarters. Revenue from operations: ₹539 crore, ₹616 crore, ₹516 crore and ₹545 crore.
Revenue from operations was ₹2,121 crore in FY26 (April 2025–March 2026), down 69.2% from ₹6,888 crore in FY25. It was ₹9,297 crore in FY24 and ₹6,223 crore in FY23: down 65.9% over three years, an average fall of 30.1% a year.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Network18 Media & Investments' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 30 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.