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ItemsThatWillNotBeReclassifiedToProfitAndLoss1

iso4217:INRxbrli:pureiso4217:INRxbrli:shares

532798

NETWORK18

NOTLISTED

INE870H01013

Network18 Media & Investments Limited

Main Board

Equity

2025-04-01

2026-03-31

2026-01-14

2026-01-06

INR

Crores

Quarterly

Third quarter

Single segment

Media operations

2026-01-14

20:00:00

2026-01-14

20:40:00

Not applicable

false

Not applicable.

2025-10-01

2025-12-31

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NOTES TO THE STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2025 a. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and it’s release at their respective meetings held on 14th January, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. b. Formulae for computation of ratios are as follows - i Debt Service Coverage Ratio Earnings before Interest, Tax and Exceptional items __________________________________________ Interest Expense + Principal Repayments made during the period for long term loans ii Interest Service Coverage Ratio Earnings before Interest, Tax and Exceptional items __________________________________________ Interest Expense iii Debt Equity Ratio Total Debt (Non-Current Borrowings + Current Borrowings) ____________________________________ Total Equity iv Current Ratio Current Assets _____________ Current Liabilities v Long Term Debt to Working Capital Non-Current Borrowings (includng Current maturities of Non-Current Borrowings) ____________________________________________ Current Assets Less Current Liabilities (excluding Current maturities of Non-Current Borrowings) vi Bad Debts to Account Receivable Ratio Bad Debts _________ Average Trade Receivables vii Current Liability Ratio Current Liabilities ________________ Total Liabilities viii Total Debt to Total Assets Total Debt (Non-Current Borrowings + Current Borrowings) ___________________________________________ Total Assets ix Debtors Turnover Revenue from Operations _____________________ Average Trade Receivables x Inventory Turnover Cost of Materials Consumed _______________________ Average Inventories of Goods xi Operating Margin Percent EBITDA Less Other Income ______________________ Revenue from Operations ( EBITDA represents Profit/ (Loss) before Exceptional Items, Finance Cost, Tax, Depreciation and Amortisation Expenses) xii Net Profit Margin Percent Profit/ (Loss) after Tax and before Exceptional Items ___________________________________________ Total Income c. The Company operates in a single reportable operating segment 'Media Operations'. Hence there are no separate reportable segments as per Ind AS 108 'Operating Segments'. d. Eenadu Television Private Limited (“ETPL”) ceased to be an associate of the Company w.e.f. 7th July 2025 pursuant to assignment of the voting rights on the 24.5% equity holding in ETPL to the promoter of ETPL. The Company continues to hold the economic interest in these 24.5% equity shares. Accordingly, investment in ETPL has been fair valued and income of Rs. 587.01 crore being excess of fair value of holding in ETPL over carrying value has been disclosed as an exceptional item in the results for the quarter ended 30th June 2025. e. The Company acquired equity shares, preference shares and debentures of IBN Lokmat News Private Limited ("IBN") held by Lokmat Media Private Limited, Joint Venture Partner, for aggregate consideration of Rs. 25 crores on 29th October 2025. Post acquisition, IBN has become a wholly owned subsidiary of the Company. The Company has recorded impairment of Rs 32.25 crore being excess of carrying value over fair value of the investment in IBN held by the Company and such loss has been disclosed as an exceptional item in the results for the quarter ended 31st December 2025. f. The Government of India has implemented four new Labour Codes ("Codes"), including the Code on Wages, 2019, with effect from 21st November 2025. The Company has carried out actuarial valuation for the quarter and nine months ended 31st December 2025 considering uniform definition of "wages" as per the Codes on Wages and recorded additional obligation of Rs. 19.55 crore, which has been disclosed as an exceptional item in the results for the quarter and nine months ended 31st December 2025. g. The figures for the corresponding previous periods have been regrouped, wherever necessary, to make them comparable. Further, the following line items which form part of the Standalone financial results for the quarter and nine months ended 31st December, 2025, are reproduced below, as there are no rows designated for the same in the XBRL format: Quarter Nine Months Ended Ended Dec'2025 Dec'2025 i. Earnings per Equity Share (Face Value of Rs. 5 each) * Basic and Diluted (in Rs.) - Before Exceptional Items (0.36) (1.28) Basic and Diluted (in Rs.) - After Exceptional Items (0.70) 2.19 ii) Net Worth (including Retained Earnings) (Rs. in Crore) 5,444.28 5,444.28 iii) Debt Service Coverage Ratio # (0.19) (0.40) iv) Interest Service Coverage Ratio # (0.19) (0.40) v) Current Ratio 0.23 0.23 vi) Long Term Debt to Working Capital - - vii) Bad Debts to Account Receivable Ratio * - - viii) Current Liability Ratio 0.93 0.93 ix) Total Debt to Total Assets 0.35 0.35 x) Debtors Turnover * 0.72 2.15 xi) Inventory Turnover * - - xii) Operating Margin Percent# 2.36% 1.66% xiii) Net Profit Margin Percent# (10.87%) (13.75%) * Not Annualised for the interim periods # Excluding Exceptional Items

2025-04-01

2025-12-31

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Other Expenses

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Operational Costs

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Marketing, Distribution and Promotional Expense

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Other Expenses

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