Network18 Media & Investments Limited — Updates, 14-01-2025: Press Release

Operating revenue for the quarter was ₹476 crore, a slight increase from the previous year, amid a challenging advertising environment. The TV news network's share improved by 110 bps QoQ, maintaining market leadership. The fintech segment thrived, with Moneycontrol Pro surpassing 1 million subscribers, establishing its dominance in digital financial intelligence. The merger of Viacom18 with Star India, effective mid-November, positions Network18 at the forefront of India's broadcasting landscape, contributing to a 6.3% economic interest in the joint venture.

Despite the compression in EBITDA margins due to rising operating expenses (up 4% YoY), a recent restructuring has streamlined operations, focusing on regional growth alongside the robust digital trajectory. The continued expansion in the digital space, especially through Moneycontrol's fintech services, presents substantial growth potential. Investors should monitor these developments closely, as they could signify a positive outlook for Network18's strategic initiatives and profitability moving forward.