Network18 Stock rose almost 14% today after their profitable Q1 Results. Network18 reported a profit of 148 crores in Q1 FY26, while in the same quarter last year, the company reported a loss of 194 crores. The Company shows a profit in this quarter due to 150 crores of exceptional income from the fair valuation of its stake in Eenadu.
In Q1 FY26, the company reported 467.9 crores in income through Revenue from Operations, which is almost 85% less compared to last year’s 3,140.92 crores in Q1 FY25. The Company also earns an additional 70 crores through Associates and Joint Ventures.
Why Revenue Looks So Much Less compared to last Year?
Last Year on the Same Quarter, Network18 reported huge revenue because of getting boost from election-related advertising. The Other main reason for the lower revenue because of deconsolidation of Viacom18 and other media units. That means the revenue of these entities is no longer included in Network18’s result statements. That’s why the a huge gap in revenue of Q1 FY26 and Q1 FY25.
In Q1 FY25, Network18 reported 3,141 crores of revenue. The Entertainment segment of Network18 includes Viacom18, AETN18, and IndiaCast, which contributed 2,684 crore to this revenue.
So, if we didn’t count those Viacom18 and other media units revenue then Network18’s Revenue would stand at 456 crores. In Q1 FY26, the Company reported 467.9 crores in income through Revenue from Operations, which is not bad.
Operating revenue of the News business for the quarter was at Rs. 430 crores, 5% down on a YoY basis, on a high base with election-linked advertising revenue.