5327982026-04-012026-06-305327982026-04-012026-06-30in-capmkt:OtherExpenses1Member5327982026-04-012026-06-30in-capmkt:OtherExpenses2Member5327982026-04-012026-06-30in-capmkt:OtherExpenses3Member5327982026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15327982026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532798NETWORK18NOTLISTEDINE870H01013Network18 Media & Investments LimitedMain BoardEquity2026-04-012027-03-312026-07-152026-07-10INRCroresQuarterlyFirst quarterSingle segmentMedia Operations2026-07-1515:30:002026-07-1517:05:00Not applicable2026-04-012026-06-30UnauditedConsolidated5162600000413000005203900000000208340000056680000031050000030042000005964900000-7610000000-7610000000000-761000000000377400000-383600000301600000-82000000-3871000003500000-85400000340000076521000005-0.25-0.2500-0.25-0.250.00630.00280.0028NOTES TO THE CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 <br /> <br /> a. The Audit Committee has reviewed the above results and the Board of Directors has approved the above results and its release at their respective meetings held on 15th July, 2026. The Statutory Auditors of the Company have carried out a Limited Review of the aforesaid results. <br /> <br /> b. Formulae for computation of ratios are as follows - <br /> <br /> i. Debt Service Coverage Ratio = Earnings before Interest, Tax and Exceptional items <br /> ---------------------------------------------------------------- <br /> Interest Expense + Principal Repayments made during the period for long <br /> term loans <br /> <br /> ii. Interest Service Coverage Ratio = Earnings before Interest, Tax and Exceptional items <br /> ---------------------------------------------------------------- <br /> Interest Expense <br /> <br /> iii. Debt Equity Ratio = Total Debt (Non-Current Borrowings + Current Borrowings) <br /> --------------------------------------------------------------------- <br /> Equity attributable to Owners (Equity Share Capital + Other Equity) <br /> <br /> iv. Current Ratio = Current Assets <br /> --------------------- <br /> Current Liabilities <br /> <br /> v. Long Term Debt to Working = Non-Current Borrowings (including Current maturities of Non-Current <br /> Capital Borrowings) <br /> --------------------------------------------------------------------------------------- <br /> Current Assets Less Current Liabilities (excluding Current maturities of <br /> Non-Current Borrowings) <br /> <br /> vi. Bad Debts to Account Receivable = Bad Debts <br /> Ratio --------------- <br /> Average Trade Receivables <br /> <br /> vii. Current Liability Ratio = Current Liabilities <br /> --------------------- <br /> Total Liabilities <br /> <br /> viii. Total Debt to Total Assets = Total Debt (Non-Current Borrowings + Current Borrowings) <br /> ------------------------------------------------------------ <br /> Total Assets <br /> <br /> ix. Debtors Turnover = Revenue from Operations <br /> --------------------------------- <br /> Average Trade Receivables <br /> <br /> x. Inventory Turnover = Cost of Materials Consumed <br /> ------------------------------------- <br /> Average Inventories of Goods <br /> <br /> xi. Operating Margin Percent = EBITDA Less Other Income <br /> ------------------------------------- <br /> Revenue from Operations <br /> <br /> (EBITDA represents Profit/ (Loss) before Exceptional <br /> items, Finance Cost, Tax, Depreciation and Amortisation Expenses) <br /> <br /> xii. Net Profit Margin Percent = Profit/ (Loss) after Tax and before Exceptional items <br /> --------------------------------------------------------------- <br /> Total Income <br /> <br /> c. The Group operates primarily in a single reportable operating segment 'Media Operations'. Hence there are no separate reportable segments as per Ind AS 108 'Operating Segments'. <br /> <br /> d. The Government of India implemented four new Labour Codes ("Codes"), including the Code on Wages, 2019, with effect from 21st November 2025. The Group had carried out actuarial valuation considering uniform definition of "wages" as per the Codes on Wages and recorded additional obligation of Rs. 12.13 crore and Rs. 32.84 crore which was disclosed as an exceptional item in the results for the quarter and year ended 31st March 2026 respectively. <br /> <br /> e. 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. Exceptional item of Rs. 150.64 crore during the quarter ended 30th June 2025 represents, excess of fair value of investment in ETPL over carrying value. <br /> <br /> f. The Company acquired equity shares, preference shares and debentures of News18 Marathi Private Limited (Formerly IBN Lokmat News Private Limited) ("News18 Marathi") held by Lokmat Media Private Limited, Joint Venture Partner on 29th October, 2025. Post acquisition, News18 Marathi became a wholly owned subsidiary of the Company and reported accordingly during the quarter ended 31st December 2025 onwards. Accordingly, the figures for the corresponding previous period are not comparable. <br /> <br /> g. The figures of the quarter ended 31st March, 2026 are the balancing figures between the audited figures in respect of the full financial year and the published year-to-date figures up to the third quarter of the financial year ended 31st March, 2026. <br /> <br /> Further, the following line items which form part of the Consolidated Financial Results for the quarter ended 30th June, 2026, are reproduced below, as there are no rows designated for the same in the XBRL format: <br /> <br /> Quarter Ended <br /> 30th June'26 <br /> <br /> A) Net Worth (including Retained Earnings) (Rs. in Crore) 1,439.56 <br /> B) Debt Service Coverage Ratio # 0.28 <br /> C) Interest Service Coverage Ratio # 0.28 <br /> D) Debt Equity Ratio 0.63 <br /> E) Current ratio 0.23 <br /> F) Long Term Debt to Working Capital - <br /> G) Bad Debts to Account Receivable Ratio * - <br /> H) Current Liability Ratio 0.93 <br /> I) Total Debt to Total Assets 0.35 <br /> J) Debtors Turnover * 0.80 <br /> K) Inventory Turnover * - <br /> L) Operating Margin Percent # 8.76% <br /> M) Net Profit Margin Percent # (7.37%) <br /> O) Earnings per Equity Share (Face Value of Rs. 5 each) * <br /> Basic and Diluted (in Rs.) - Before Exceptional Items (0.25) <br /> Basic and Diluted (in Rs.) - After Exceptional Items (0.25) <br /> <br /> <br /> <br /> * Not Annualised for the interim periods <br /> # Excluding Exceptional Items <br /> Operational Costs917300000Marketing, Distribution and Promotional Expense1410300000Other Expenses676600000Items that will not be reclassified to Profit or Loss2726000002726000000Items that will be reclassified to Profit or Loss29000000290000000301600000