Media Company’s Revenue Rises 10.3% Year-on-Year to ₹516.3 Crore, but Bottom Line Turns Negative
Mumbai (Economy India): Network18 Media & Investments Ltd. reported a net loss of ₹38.7 crore for the April–June quarter (Q1 FY27), compared with a net profit of ₹148 crore in the corresponding quarter of the previous financial year.
The company also widened its losses sequentially, reporting a higher loss than the ₹30.5 crore recorded in the January–March quarter.
Profit Turns into Loss
The media conglomerate’s financial performance reflects continued pressure on profitability despite growth in its top line.
| Financial Performance | Q1 FY27 | Q1 FY26 |
|---|---|---|
| Net Profit / (Loss) | (₹38.7 crore) | ₹148 crore |
| Revenue from Operations | ₹516.3 crore | ₹467.9 crore |
Revenue Registers Double-Digit Growth
Despite the loss, revenue from operations increased to ₹516.3 crore, compared with ₹467.9 crore in the same quarter last year.
The nearly 10.3% year-on-year growth indicates steady business momentum across the company’s media operations, although higher costs and other expenses impacted profitability.
Sequential Performance
On a quarter-on-quarter basis, Network18’s loss widened from ₹30.5 crore in Q4 FY26 to ₹38.7 crore in Q1 FY27, suggesting continued challenges in maintaining earnings momentum.
Market Perspective
Investors are expected to closely monitor the company’s future performance, particularly trends in advertising revenue, digital media growth, broadcast business performance, and operating margins.
The media industry continues to experience rapid transformation driven by digital consumption, changing advertising patterns, and increasing competition across television, digital platforms, and streaming services.
(Economy India)
